December 2010
Credit Union Journal;12/6/2010, Vol. 14 Issue 49, p14
Trade Publication
The article offers news briefs related to creidt unions (CUs) in the U.S. Arrowhead Central Credit Union announces that it will be closing eight more branches by the end of 2010 in Sanbernardino, California. A former member service representative for Fairwinds CU pleaded guilty to an identity theft scheme by which she stole money from accounts at the credit union and Royal Bank of Scotland. WikiLeaks plans to reveal potentially damping documents from a major U.S. bank early next year.


Related Articles

  • Arrowhead Shrinks Again. Rubenstein, Jim // Credit Union Times;12/8/2010, Vol. 21 Issue 46, p2 

    The article reports on the move of the Arrowhead Central Credit Union to close eight of its branches in California.

  • CU Wants Bank Charter To Skirt Small-Biz Cap. Reosti, John // American Banker;2/20/2002, Vol. 167 Issue 34, p6 

    Reports the plans of the California credit union to take the unprecedented step of chartering the commercial bank to bypass federal limits on small-business lending. Application for charter by the Arrowhead Central Credit Union company; Assessment on the business-limits of the credit unions;...

  • Arrowhead-NCUA Dispute Is Steeped in Accounting Tea Leaves. Anderson, Heather // Credit Union Times;8/4/2010, Vol. 21 Issue 30, p3 

    The article reports on the 1.45 million-dollar net loss of the 808 million dollars Arrowhead Central Credit Union's call reports due to an increase in loan-loss provisioning from 6 million dollars as of March 31, 2010 to nearly 19 million dollars.

  • Getting Down To The Business of Business. Muckian, Michael // Credit Union Journal;7/15/2002, Vol. 6 Issue 28, p13 

    Focuses on the decision of Arrowhead Central Credit Union of San Bernardino, California, to build its own bank. Construction of a multimillion-dollar business loan portfolio to comply with standards set by the Federal Deposit Insurance Corp. and California's Department of Financial...

  • Arrowhead CU Emerges From Conservatorship.  // Credit Union Journal;6/3/2013, Vol. 17 Issue 22, p13 

    The article reports that the U.S. National Credit Union Administration (NCUA) has returned control of Arrowhead Central Credit Union to its members. While operated under conservatorship, NCUA was brought in a new leadership team and an advisory board of 10 volunteers. NCUA , working with the...

  • Despite Claims Of Recovery In Progress, Arrowhead Taken Over. Roberts, Ed // Credit Union Journal;7/5/2010, Vol. 14 Issue 27, p3 

    The article reports that after the Arrowhead Central Credit Union (CU) was taken over by the Credit Union National Association (NCUA), the top managers were put at the one-time 1.1-billion dollars CU on paid administrative leave. INSET: Decision Criticized; NCUA Says 5300 Data 'Inaccurate'.

  • Alaska USA FCU Buys 5 California Branches From Arrowhead Central.  // Credit Union Journal;3/29/2010, Vol. 14 Issue 13, p5 

    The article reports that Alaska USA Federal Credit Union has signed an agreement with Arrowhead Central Credit Union to acquire its five branches.

  • NCUA Officially Terminates Top 4 Executives At Arrowhead CU.  // Credit Union Journal;7/19/2010, Vol. 14 Issue 29, p3 

    The article reports on the termination of several Arrowhead Central Credit Union executives including chief executive officer (CEO) Larry Sharp, chief financial officer (CFO) Daniel Marciante and senior vice president (SVP)-Lending Gene Shabinaw after the U.S. National Credit Union...

  • Arrowhead Banned From New MBL. Samaad, Michelle A. // Credit Union Times;7/21/2010, Vol. 21 Issue 28, p3 

    The article reports that the National Credit Union Association (NCUA) prohibited Arrowhead Central Credit Union from accepting new member business loan (MBL) applications and placed in conservatorship attributed to the rise of its MBL from 2.34 in December 2009 to 5.19% in the first quarter of...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics