Items Tagged with 'losses'

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Emerging Loss Trends Threaten CUs' Financial Health

Internal fraud, third-party litigation claims form a two-pronged threat.
CUs are becoming more susceptible to emerging loss exposures, according to CUNA Mutual Group's Roger Nettie.
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Handling Post-Recession Repossessions

CUs work fast and smart to keep repos under control.
To turn around recession-related increases in repossessions, CUs have beefed up their loan-assessment processes, initiated faster action on collection procedures, and worked diligently to help members avoid repossessions.
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NCUA Seeks $491M in Damages From Goldman Sachs

In all, the agency seeks nearly $2 billion in damages via four lawsuits.
Five to 10 more lawsuits may follow to recover losses from the purchase of securities that caused the failures of five corporate CUs.
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A Tale of Two Funds

What will future losses at NCUSIF and FDIC look like?
Future deposit insurance premiums are uncertain, both for institutions insured by the National Credit Union Share Insurance Fund and by the Federal Deposit Insurance Corp.
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