Articles Tagged with 'corporates'

Expect Fewer Corporates in CUs’ Future

March 04, 2011
Corporates will focus more on settlement and payment services; less on investments. READ MORE

NCUA Extends Comment Period on Corporate Rule Amendments

November 30, 2010

The National Credit Union Administration Board extended the comment period to Jan. 28, 2011, on the proposed corporate rule amendments issued at the agency's November 18 meeting.

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NCUA Charters Final Two Bridge Corporates

November 15, 2010
The newly created institutions will be known as Members United Bridge Corporate FCU and Southwest Bridge Corporate FCU . The first two bridge corporates created by NCUA were U.S. Central Bridge Corporate FCU and Western Bridge Corporate FCU. READ MORE

Cheney Defends CUs on 'Squawk Box'

October 11, 2010
CUNA President/CEO Bill Cheney appeared live this morning on CNBC's Squawk Box to talk about credit unions and whether NCUA's plan for dealing with the corporates constitutes a credit union bailout. READ MORE

Are They Nuts?

October 01, 2010
Recapitalization and trust will be tough issues to address. READ MORE

'It's Not a Bailout'

September 30, 2010
It's important to correct any misperceptions about the corporate credit union and legacy asset plans. READ MORE

More Details Emerge on Corporate CU Plan

September 28, 2010
NCUA will establish 'bridge corporates' to ensure the important services by the five conserved corporates to natural person credit unions regarding payments and settlement aren't disrupted. READ MORE

NCUA Adopts Corporate CU Reforms

September 27, 2010
The agency assumes control of three more corporates, announces a plan to isolate impaired assets, and finalizes stronger regulations. READ MORE

Corporate Report Cites Need for Change

September 21, 2010
Corporates with small balance sheets and small capital requirements are most likely to succeed. READ MORE

New Corporate Structure Proposal Shifts Business Model

July 16, 2010
NCUA's proposal to change the corporate system structure will affect corporates' business model and its expectations of credit unions. READ MORE
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