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Wednesday, August 27, 2014
McWatters Sworn In To NCUA Board
Incoming NCUA Board Member J. Mark McWatters took the oath of office today and joined the NCUA Board as its 21st member.
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Amid ongoing fraud investigations of Oshkosh Central Credit Union, the $28 million shop will merge with Community First CU Sept. 1. more »
From the "in case you missed it" files, here are several news stories from all around the nation. more »
John Magill, CUNA executive vice president for government affairs and special assistant to the president, will leave the trade association September 5. more »
In an effort to reassure members it's stable, Wilkes-Barre City Employees FCU plans to name a new chief executive within the next month and has already created new policies to prevent people from taking out fraudulent loans. more »
ALEXANDRIA, Va. — NCUA Friday issued a cease and desist order to David Addison, formerly the chief executive of Texans Credit Union. more »
WILKES-BARRE, Pa. — Five members of Wilkes-Barre City Employees FCU, including one employee, were charged Thursday with conspiracy and bank fraud related to an elaborate scheme to obtain loans with false collateral and stolen identities. more »
From mergers and retirements to special programs being offered, CU Journal offers a quick look at the latest news from credit unions across the country. more »
FERGUSON, Mo. — Staff from Alliance Credit Union are out Wednesday in this troubled city, walking through debris left behind by Tuesday night's chaos, asking business owners if they need a 0% loan. more »
LAKE BLUFF, Ill. — Credit unions continue to inch closer to what banks are charging for overdrafts. more »
DENVER — NCUA on Tuesday received good news from the U.S. Court of Appeals for the Tenth Circuit, which upheld its original opinion that the regulator's suit against several banks regarding mortgage-backed securities can proceed. more »
The Credit Union CEO Confidence Index, released by Catalyst Corporate Federal Credit Union, saw its third consecutive quarterly increase in the second quarter, hitting 32.94, compared with 30.32 in the first quarter. more »
WASHINGTON — The average big bank checking account has 30 fees associated with it and lacks transparency, according to a new study from WalletHub. more »
FERGUSON, Mo. — Although Alliance Credit Union's luck continues to hold out amid the riots with an office located at the center of the civil unrest here that is undamaged, local residents are far less fortunate. more »
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