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CHICAGO — The NCUA Board would consider allowing the National Credit Union Share Insurance Fund (NCUSIF) to operate with an equity ratio slightly below 1.2%, but will not consider allowing that ratio to drop anywhere near the 1.1% range or even lower as some have proposed, according to NCUA Chairman Debbie Matz.

PLANO, Texas – Confidence among credit union CEOs remained low in the second quarter, according to Southwest Corporate FCU’s quarterly CEO Confidence Index.

SAN FRANCISCO-Some credit unions in the Golden State that reported substantial losses during 2009 have begun moving into the black in 2010. In Nevada, however, many continue to report negative earnings, but those losses are significantly smaller.

The role of capital in credit unions has evolved during the past century.

LAS VEGAS-At The Members Group's recent client conference, Credit Union Journal asked credit union executives if they were repricing products given the hits to income from the CARD Act, Reg E and the potential loss of debit interchange fees from the Durbin amendment to the bank bill, and whether all these changes could mean the end of free checking as we know it.

ORLANDO, Fla.-As any CEO or CFO knows, there are two basic means to improve the credit union's bottom line: increase revenues or decrease expenses.

SAN BERNARDINO, Calif.-NCUA, which took one-time $1.1 billion Arrowhead Central CU under conservatorship last month, last week terminated its long-time CEO Larry Sharp and three other top executives the agency had previously put on an unusual paid administrative leave after the regulatory takeover.

PANAMA CITY, Fla.-Having developed an expertise in managing expenses and building ROA, Tyndall FCU has launched a CUSO called "CU Next" that is currently serving approximately eight credit unions, many in California and Nevada, and ranging from $1.7-million in assets to $500 million.

ORLANDO, Fla.-Steve Ravin, EVP/CFO with Tyndall FCU, offered these additional thoughts about expense management during the League of Southern Credit Unions' annual meeting.

CU CFOs attending the CUNA CFO Council annual meeting here spent more than three hours sharing their own stories and participating in a Q&A related to mergers.

EL SEGUNDO, Calif.-CU execs continue to map strategies for dealing with the ongoing special assessments from NCUA.

SAN FRANCISCO-When a disconnect exists between the credit union's financial results and individual employee performance, there's a greater chance the CU is headed for trouble.

ORLANDO-A credit union that has taken a sharp pencil to every expense, demanded more out of fewer-but higher paid-employees, and that reminds itself everyday of why it exists has turned itself into a peer group leader.

LAS VEGAS-There were many CU leaders here last week hoping what was discussed in Vegas won't stay in Vegas.

FORT COLLINS, Colo. – State regulators have assigned the operations of Norbel CU to Security Service FCU, the San Antonio credit union giant that has been expanding its Colorado market by acquiring troubled institutions.

TORONTO, Canada-With all the scrutiny being focused on American financial institutions and calls for increased government oversight, a Canadian credit union continued its commitment to public transparency.

RIVERSIDE, Calif.-The move by NCUA to take Arrowhead Credit Union into conservatorship on June 25 was surprising to many, but perhaps most startling to those running Altura CU, an $881-million institution that shares the "Inland Empire" region of Southern California with San Bernardino-based Arrowhead.

SAN BERNARDINO, Calif.-Arrowhead Credit Union, which had posted staggering losses of $29 million in 2008 and $47 million in 2009-the latter figure weighed down by $79 million in loan and lease loss provisions-managed to eke out a gain of $752,000 during Q4 2009, followed by net income of $2,591,932 in Q1 of this year.

KANSAS CITY, Mo.-Credit union CFOs around the country are anticipating the special assessment NCUA will charge later this year will be larger than the projection CUNA made in a recent analysis.

RALEIGH, N.C.-A credit union here that essentially operates within another CU continues to post robust numbers.