TITLE

North Dakota Corporate CU Is First Corpoate CU To Liquidate

AUTHOR(S)
Roberts, Ed
PUB. DATE
June 2011
SOURCE
Credit Union Journal;6/13/2011, Vol. 15 Issue 22, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Midwest Corporate Federal Credit Union (FCU) is the first corporate credit union that liquidates voluntarily under the new capital and other regulatory requirements of the National Credit Union Administration (NCUA).
ACCESSION #
61294196

 

Related Articles

  • N.D. Corporate CU Liquidates Itself. Roberts, Ed // American Banker;6/8/2011, Vol. 176 Issue 88, p6 

    The article discusses the voluntary liquidation of Midwest Corporate Federal Credit Union in light of regulatory requirements from the U.S. National Credit Union Administration.

  • Midwest Likely to Liquidate, Transition Members to CUSO. Anderson, Heather // Credit Union Times;7/28/2010, Vol. 21 Issue 29, p1 

    The article focuses on the plan of the members of the 252 million Midwest Corporate Federal Credit Union to liquidate their cooperative. Eric Musland of Midwest Corporate cites the significance of the liquidation to the members and notes the possibility of its happening. He asserts that the...

  • When It Rains, It Pours.  // Credit Union Executive Newsletter;4/22/2002, Vol. 28 Issue 14, p1 

    Examines the use of liquidity exam to screen credit unions to determine risk by the National Credit Union Administration in the U.S. Analysis of the asset and liabilities of management; Cause of liquidity risk; Percentage ratio loan.

  • Credit union panel urging tighter reins on corporates. Arndorfer, James B. // American Banker;7/27/1994, Vol. 159 Issue 143, p2 

    Reports on the US National Credit Union Administration's recommendations to the credit union industry's liquidity facilities. Proposal of heavier capital levels for corporates; End to interlocks between trade groups and corporates; Tighter investment regulations.

  • LOTS OF LIQUIDITY? Hollis, Emily // Credit Union Management;Aug2002, Vol. 25 Issue 8, p28 

    Reports that the National Credit Union Administration released guidelines for field examiners to use in their assessment of liquidity management (ALM). Three parts of the guidelines; Option of examiners if a credit union fails any one of the ratios; Internet address for suggestions for...

  • Chetco FCU Liquidated. ANDERSON, HEATHER // Credit Union Times;1/9/2013, Vol. 24 Issue 1, p7 

    The article informs regarding liquidation of assets of Chetco Federal Credit Union (FCU) of Harbor, Oregon, by the U.S. National Credit Union Administration and mentions that the assets were split between Coast Central Credit Union of Eureka, California, and Rogue FCU of Medford, Oregon.

  • NCUA is well aware of looming liquidity crisis. Spears, Brad // Credit Union Magazine;Mar2001, Vol. 67 Issue 3, p62 

    Comments on the awareness of the National Credit Union Administration (NCUA) on the looming liquidity crisis. Series of letters to provide guidance on balance-sheet risk management issued by NCUA; Definition of liquidity; Primary sources of liquidity.

  • Philadelphia CU Liquidated.  // Credit Union Times;4/9/2014, Vol. 25 Issue 14, p18 

    The article informs that the U.S. National Credit Union Administration has liquidated the 14 million U.S. dollar Mayfair Federal Credit Union in Philadelphia, Pennsylvania on March 31, 2104 due to Mayfair's loan delinquency issues.

  • NCUA Open to Assessment Ideas.  // Credit Union Newswatch;12/6/2010, p6 

    The article offers information on the U.S. National Credit Union Administration's (NCUA) measures to address the liquidity of the corporate credit union system.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics