Daily Briefing for Monday, February 8:
Drama Over Failed California CU Moves Off Broadway
OAKLAND, Calif. – A simmering battle over the one-time headquarters of defunct Kaiperm FCU is shining a rare light on the behind-the-scenes machinations involved in the sale – the so-called purchase and assumption – of failed credit unions.
- Utah CU Giant Acquires Another CU Failure
- Losses Grow At Troubled Wescom Central CU
- Heartland Payments Settlement Not Good Enough For CU Victims Of Cards Breach
- Super Sunday Means Work-Less Monday At New Orleans CU
- Virginia Lawmakers Eyes CU Charter Choice Bill
- Guilty Plea Doesn’t Deter Identity Thief
- Power Financial CU Offers Small Business Makeover
- Charlotte Metro CU Buys Branch From Coastal FCU
- U$X FCU Pays Loyalty Dividend
- BECU Opens Branch in Underserved Seattle Neighborhood
- Mumbling, Bumbling Robber Foiled In CU Heists
- Brothers Sought Fort Hood-Type Weapon In CU Assault
This Week's Lead Stories
NCUA: Your Input Counts, But We're Moving Ahead
ORLANDO, Fla.-NCUA made clear at last week's town hall meeting that while it values the input it is receiving from natural-person credit unions, it continues to move forward with most aspects of overhaul of its corporate regulations (Part 704).
Corps Not Coming Up Roses
WALL STREET-Even after the elimination of all of their capital in U.S. Central FCU, new problems are emerging for corporate credit unions as they continue to watch their investments deteriorate.
Valentine's Day or Not, Lovers Lane Stays Single
SAINT JOSEPH, Mo.-As lovers exchange gifts on Valentine's Day, one tiny credit union here with a unique name will continue its bachelor ways with no plans to find a mate.
Treasury: CDCUs Gain Access to TARP Money
NEW YORK-Community development credit unions may play a larger role in the U.S. economic recovery, now that they will have access to TARP funds.
On Heels of Reporting $51.2M Loss, Texans CU Sees Its CUSO Win Verdict In MBL Lawsuit
DALLAS- A federal bankruptcy court Monday awarded CU Liquidity Services LLC, a wholly owned CUSO of Texans CU, a $40 million verdict over a dispute concerning a multi-million member business loan the CUSO made to a troubled shopping mall in suburban Chicago.
Special Report
Facilities/Branching/Branding
In a wide-ranging special report, this week Credit Union Journal explores how CUs of all shapes and sizes develop and promote the brand experience. From the struggles of small CUs to the challenge of managing a far-flung branch network – particularly those created by acquiring a CU that is far from home – this week's special report has something for everyone.
Special Report
Growth Strategies
In keeping with CU Journal's commitment to helping credit unions grow, this week's special report launches the new Growth Strategies department on our website, and it's jam-packed with ideas and tactics you can implement to boost growth at your credit union.
Special Report
Technology
In keeping with CU Journal's commitment to providing both growth and cost-cutting strategies, this week's special report on technology offers a look at savings derived from process improvement, learning what members really want, P2P systems, stemming the tide of account closures and much more.
