Corporate Credit Unions
Is NCUA Putting Cart Before Horse, er Gorilla, On Corporate Proposal?
Mar 11ALEXANDRIA, Va. – Credit union executives and volunteers overwhelmingly are urging NCUA that before undertaking a reform of the corporate system it move to insulate credit unions from the growing losses in the corporates, what one NCUA Board member referred to as the "800-pound gorilla."
NCUA Gets WesCorp FCU Suit Transferred To Federal Court
Mar 10LOS ANGELES – Seven credit unions are continuing to fight NCUA for the right to sue over the failure of WesCorp FCU but they now will do so in federal court, where a state judge agreed to NCUA’s request to transfer the suit.
Costs Of Corporate Meltdown Spreading
Mar 10ALEXANDRIA, Va. – Last week’s disclosure of the elimination of all capital at U.S. Central FCU means more losses are going to start trickling down to corporate credit unions and to their natural person credit union members in the coming days.
Consolidating 27 Corporates Into 1 National Entity Proposed
Mar 08WARRENVILLE, Ill.-Corporate credit unions are lobbying NCUA mightily for their future, with one plan emerging that would combine all 27 corporates into a single entity serving the whole country.
Mid-Atlantic Corp Unveils New Membership Structure
Mar 08MIDDLETOWN, Penn.-Members of Mid-Atlantic Corporate FCU here will have to make a long-term commitment to the institution or potentially face higher costs for products and services when its new structure goes into effect.
New Fed Program Could Pose More Competition For Corporate Credit Unions
Mar 08WASHINGTON-As the Federal Reserve looks for ways to pull liquidity out of the banking system, the board recently proposed a program to sell term deposits to financial institutions-a move that could add even more competition for beleaguered corporate credit unions.
More Corporate Credit Unions News
- Securitization At End Of Tunnel For Legacy Corporate Assets
- NCUA Extends Corporate Guarantee Program
- Key Issue On Resolution Of Corporate CU Assets: Who Gets The Proceeds?
- One National Corporate CU Proposed
- Toll Mounting For U.S. Central FCU
- Task Force Proposes New Corporate Structure
- Timing & History
- What Proposal Doesn't Address
- Call Grows For Formal Review Of Cause Of Corporate Meltdown
- Ousted U.S. Central Figure Tangles Over Severance
- CUNA Group Proposes Corporates Exit Investment Business
- Georgia Central CU Pushed Into The Red By U.S. Central Losses
- Legacy Of U.S. Central, WesCorp Impede Corporate Revival
- West Virginia Corporate CU Reports $10 Million Loss
- One Big Corporate Keeps Its Head Afloat
- Tennessee Corporate Says 2009 Losses Won’t Eat Into Members’ Capital
- CEO Resigns At Beleaguered Corporate CU
- Smaller Corporates Press NCUA to Temper Its Proposed Reforms
- Caution Over What Numbers Show
