by GrafWebCUSO | Sep 1, 2016 | News
Nearly seven months after it was placed into conservatorship because of safety and soundness issues, the $1.4 million Cory Methodist Church Credit Union in Cleveland was merged into the $60.5 million Eaton Family Credit Union of Euclid, Ohio Thursday, the NCUA said....
by GrafWebCUSO | Sep 1, 2016 | News
Credit and debit card programs continue to wield considerable influence over the bottom line, but some credit unions may start shifting some of their weight to real estate, insurance and other sources of non-interest income, according to a new survey by Callahan &...
by GrafWebCUSO | Sep 1, 2016 | News
The Florida office of the League of Southeastern Credit Unions & Affiliates and at least eight credit unions closed their offices and branches Thursday afternoon because of the forecasted dangerous high winds, rain, and possible power loss from Hurricane Hermine....
by GrafWebCUSO | Sep 1, 2016 | News
The NCUA banned former credit union executives who collectively stole more than $1.1 million from their respective credit unions. John C. Barry, a retired police officer and the former office manager of the merged $7 million Portland Maine Police Department Federal...
by GrafWebCUSO | Sep 1, 2016 | News
Mike Barton, president of the NCUA Asset Management and Assistance Center for the past 17 years, has announced he will retire at the end of September. NCUA Region IV Director C. Keith Morton will assume Barton’s responsibilities for the immediate future, the...
by GrafWebCUSO | Sep 1, 2016 | News
As meteorologists track several storms threatening Hawaii, Florida and part of the east coast, it is a good time for credit unions to review plans for possible emergencies and business disruption. In a June 2009 letter, the NCUA urged all federally insured credit...
