Search
Media & Resources
52 results for "Alan Kaufman"
"It's been a known fact that the loans are mathematically impossible," former commissioner Meera Joshi tells CU Times.
"As these reports indicate, individuals who step forward to report on waste and misconduct provide valuable and critical assistance ..."
The taxi medallion lending issue has turned into a reputation management problem for CUs.
“Lavish vacations, rent-free housing and even naming rights to a ballroom were among the high-ticket items Kaufman received in this alleged scheme.”
Alan Kaufman issues a statement regarding the NCUA's allegations that he violated laws and his fiduciary duties.
Alan Kaufman speaks with CU Times Wednesday and says he hopes to reveal the real story behind the allegations.
The NCUA files numerous administrative charges against former Melrose CU CEO Alan S. Kaufman and demands millions in restitution.
Melrose cited for loan policies, concentration risk and underfunded ALLL, among other things, regarding its taxi medallion loans.
Mainly due to its underperforming taxi medallion loan portfolio, Melrose posts a net loss of $57M.
Taxi medallion loans have been a hot discussion topic across CU Times social media channels.
