Calif. State Charters To Provide Efficiency Ratios

September 2011
Credit Union Journal;9/19/2011, Vol. 15 Issue 36, p1
Trade Publication
The article reports on the impact of the impending application by the California Department of Financial Institutions (DFI) on efficiency ratio computation on credit unions (CUs) in the state. It presents the insights of several executives in the industry including Ken Burns of Patelco CU, John Tippets of North Island Credit Union, and Mark Hawkins of Altura CU, on the effect of the state regulation to their business operations. It notes that Tippets disagrees with the regulation.


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