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If it is true that the NCUA regulators were on sight during the investment-buying binge at Wescorp in 2005 and 2006, why aren't they being held accountable as well?
February 11
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SAN ANSELMO, Calif. — New analysis shows that during 2009 and 2010, the deposit balance mix shifted from regular CDs to liquid accounts, mainly savings and money markets.
February 11 -
SAN ANSELMO, Calif. — A new analysis from Market Rates Insight suggests that in the last recession of 2007/2009, the national average deposits' rate bounced-back to just 33% of its pre-recession level.
February 11 -
MADISON, Wis. — The CUNA CFO Council has released a new white paper, "The CFO's Evolving Merger Role," which details merger business models and the experiences of their chief financial officers are profiled along with lessons from the corporate world
February 11 -
ST. LOUIS — Relationship pricing has reduced Gateway Metro FCU's membership by more than 5,000 over the last five years, yet it has also boasted assets by $16 million.
February 11 -
NCUA, which recently ran a 60-foot-high banner in Times Square, has hired a new specialist in social media outreach as a way to ensure an active presence in the social media sphere.
February 11 -
David Barton, who recently turned over the reins of Gateway Metro FCU, spoke with Credit Union Journal about the road he — and the CU — traveled to get GMFCU to where it is today.
February 11 -
ALEXANDRIA, Va. — NCUA is working with bank regulators on a proposal that would realign the way big credit unions award annual bonuses to top executives, tying their compensation to the long-term performance of the credit union.
February 11 -
The recession, it seems, has created at least one growth industry People Helping Themselves. Reports of embezzlements and employee theft seem like almost weekly events.
February 11
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A member of CURE answers the question: What top future trends and changes do credit unions need to be aware of to ensure that we can continue to stay competitive and offer our members the best in financial services?
February 11
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ALPENA, Mich. – One lucky member of Alpena Alcona Area CU made off with the $100,000 Save To Win savings prize today.
February 11 -
MADISON, Wis. — CUNA Mutual Group is reporting net income for 2010 of $87-million, a 58% increase over one year earlier, despite a struggling economy and flat to negative growth at most credit unions.
February 11 -
NEW YORK — The National Federation of Community Development Credit Unions is exploring whether a federal bond program could be used as a funding source for long-term assets and to bolster secondary capital for Community Development Financial Institutions (CDFIs).
February 11 -
CHATSWORTH, Calif. — An oversight has gotten Autoland in hot water with the Oregon Department of Consumer and Business Services, costing the CUSO $50,000.
February 11 -
MADISON, Wis. — Credit unions now have another reason besides good member service to ensure their ATMs are shipshape — potential $500,000 fines.
February 11 -
SAN BERNARDINO, Calif. — Arrowhead Credit Union, which was battered by huge losses in 2008 and 2009, managed to cut its 2010 net loss to just $4.4 million.
February 11 -
WASHINGTON – Private markets and not government sponsored enterprises Fannie Mae and Freddie Mac would be the primary source of mortgage credit going forward under the Obama Administration's plan to reform the housing finance system, announced this morning during a briefing at the Treasury Department.
February 11 -
OTTUMWA, Iowa – Community 1st CU said its C1st Golden Opportunity Club will donate $17,000 to local and statewide non-profit organizations.
February 10 -
ATLANTA – Credit bureau Equifax reported a 3% increase in fourth quarter profits to $62.2 million, fueled by double-digit increases in revenue from its International, TALX and North American Commercial Solutions units.
February 10 -
SAN FRANCISCO – Visa said yesterday it has agreed to acquire online payments company PlaySpan, Inc., for $190 million, continuing to expand its e-commerce and mobile payments businesses.
February 10
