Representative Steve King (R-Iowa) wrote House Ways and Means Committee Chairman Kevin Brady (R-Texas) on July 18th urging Congress to updat...
Success: U.S. Eagle Removes Impermissible Common Bond from Online Application
Success: U.S. Eagle Removes Impermissible Common Bond from Online Application
Earlier this week, I wrote that U.S. Eagle Federal Credit Union (Albuquerque, NM) was still listing an impermissible common bond of "5...
Job Half Done on Impermissible Common Bond at U.S. Eagle
Job Half Done on Impermissible Common Bond at U.S. Eagle
Over a year ago, I brought to the attention of the National Credit Union Administration (NCUA) that U.S. Eagle Federal Credit Union (Albuque...
Lake Michigan CU Establishes Second Home in SW Florida
Lake Michigan CU Establishes Second Home in SW Florida
Posted by | Published at 18.00 |
Bank Credit Union Mergers,
Bank-Credit Union Transaction,
Credit Union Practices,
Field of Membership
Lake Michigan Credit Union (Grand Rapids, Michigan) is expanding to Southwest Florida. A news story reported that the $4.3 billion credit un...
Acquisition of Failed Montauk CU Eliminates Bethpage FCU Geographic Common Bond Limits
Acquisition of Failed Montauk CU Eliminates Bethpage FCU Geographic Common Bond Limits
Posted by | Published at 18.00 |
Community Charter,
Field of Membership,
Mergers,
NCUA,
Taxi Medallions
Long Island Business News is reporting that the merger of Montauk Credit Union (New York, NY) into Bethpage Federal Credit Union (Bethpage, ...
Commonality of Age Is Not A Permissible Common Bond
Commonality of Age Is Not A Permissible Common Bond
The National Credit Union Administration (NCUA) in a February 25, 2016 legal opinion letter wrote that a group's commonality of age and ...
FOM Policies, Just Not Reg Burden, Threaten Small CU Survival
FOM Policies, Just Not Reg Burden, Threaten Small CU Survival
In an opinion piece in The Hill , former Representative Jim Nussle, president and CEO of the Credit Union National Association (CUNA), wrote...
