Corporate Central said it now exceeds all regulatory requirements under the NCUA corporate credit union regulations.
Filson-founded Co-Ops for Change aims to marshal help from industry executives to check legacy asset tallies by CUSIP numbers.
Pennsylvania-based corporate reports 124% year-over-year net income increase boosted by VACORP merger.
According to legacy asset loss estimates provided to Credit Union Times by the NCUA, investments made by Western Corporate FCU are generating far more losses than those that were made at other failed corporates.
The NCUA will consult with Congress on a possible legislative remedy to modernize the Central Liquidity Facility, according to the regulator’s annual report.
As of year-end 2012, WesCorp’s estimated losses were $5.7 billion, representing 84.4% of the nearly $6.8 billion in total estimated legacy asset losses.
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St. Louis corporate among first distributors of TRUST credit union mutual funds since new partnership was announced.
Illinois-based Alloya Corporate FCU announced Wednesday that its merger with Michigan's Central Corporate Credit Union is now complete.
National Cooperative Bank executive calls banks' BSA reasons for dumping credit unions "an excuse."