TITLE

WASHINGTON WATCH

AUTHOR(S)
Roberts, Ed
PUB. DATE
July 2011
SOURCE
Credit Union Journal;7/4/2011, Vol. 15 Issue 25, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers news briefs related to credit unions in the U.S. The U.S. National Credit Union Administration (NCUA) refused to approve the request of the organizers of the Members United Corporate Federal Credit Union (FCU) to designate a credit union's director as chairman of the restructured board of directors. NCUA took over two struggling community development credit unions. Banks and credit unions collaborate for lobbying a provision in the patent reform bill.
ACCESSION #
62334137

 

Related Articles

  • NCUA Files More Corporate Loss Suits.  // Credit Union Times;10/2/2013, Vol. 24 Issue 38, p14 

    The article informs that the U.S. National Credit Union Administration had filed nine federal lawsuits against eight banks over the sale of mortgage-backed securities to Southwest Corporate Federal Credit Union and Members United Corporate Federal Credit Union in New York on September 23, 2013.

  • Consolidating 27 Corporates Into 1 National Entity Proposed. Roberts, Ed // Credit Union Journal;3/8/2010, Vol. 14 Issue 10, p1 

    The article reports on the proposal of the U.S. corporate credit unions to the National Credit Union Association (NCUA) to consolidate 27 corporates into a single entity. Joseph Herbst, president of Members United Corporate Federal Credit Union (FCU), said the proposed single entity would...

  • NEWS BRIEFS.  // Credit Union Times;7/1/2009, Vol. 20 Issue 26, p12 

    The article offers news briefs related to credit union industry. The Realtors Federal Credit Union (FCU) joins the Credit Union (CU) 24's ATM Network to extend virtual outreach. The U.S. National Credit Union Association provides permission to federal CU to exclude investments involving CU...

  • Fitch Cuts Ratings On Eight Corporates That Had U.S. Central Stakes. Roberts, Ed // Credit Union Journal;3/30/2009, Vol. 13 Issue 13, p16 

    The article reports on Fitch Ratings's report regarding the future status of eight corporates credit unions (CUs) with U.S. Central Federal Credit Union (FCU) stakes. It states that Fitch Ratings sees a decreased in capital on those eight CUs after the takeover of National Credit Union...

  • Many Say Ratings Will Play a Smaller Role. ANDERSON, HEATHER // Credit Union Times;6/24/2009, Vol. 20 Issue 25, p3 

    The article reports that ratings issued by U.S. ratings agencies will have little influence to the National Credit Union Administration's (NCUA) new corporate regulations. Michael E. Fryzel, NCUA chairman, said that the regulation will prohibit a corporate from relying solely on ratings which...

  • NCUA IG Sprays Blame Far and Wide. Marx, Claude R. // Credit Union Times;5/18/2011, Vol. 22 Issue 19, p1 

    The article focuses on the weak investment decisions by the volunteers and executives, which have been blamed by the U.S. National Credit Union Administration (NCUA) Officer of Inspector General (IG) as the key factors for the losses of the Members United Corporate Federal Credit Union (FCU)....

  • WORTH NOTING.  // Credit Union Journal;11/24/2008, Vol. 12 Issue 47, p3 

    The article offers news briefs related to credit unions in the U.S. The National Credit Union Foundation has awarded a grant of $35,000 to the National Federation of Community Development Credit Unions. The Members United Corporate Federal Credit Union has formed the Central Credit Union Fund...

  • CEOs and Volunteers Dismissed By NCUA at Seized Corporates. Anderson, Heather // Credit Union Times;10/6/2010, Vol. 21 Issue 38, p1 

    The article reports on the dismissal of chief executive officers and volunteers at three seized corporate credit unions by the National Credit Union Administration (NCUA) in the U.S. It mentions that the administration placed conservatorship to the seized corporates including the Federal Credit...

  • WASHINGTON WATCH.  // Credit Union Journal;5/30/2011, Vol. 15 Issue 21, p10 

    The article offers new briefs related to credit unions (CUs) in the U.S. The lawyers for Vensure Federal Credit Union (FCU) has argued on the release of 4.7 million million credit union from the hold of National Credit Union Administration (NCUA). The NCUA has reported the failures of Southwest...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics