Tuesday, August 14, 2018 Credit Union Failures Credit Union Statistics Mergers NCUA Overwhelming Majority of CUs that Received Section 208 Assistance No Longer Active "Credit News 24" The National Credit Union Administration (NCUA) reported that an overwhelming number of credit unions that received Section 208 assistance e...
Wednesday, July 18, 2018 Credit Union Failures NCUA NCUSIF Office of Inspector General IG: Four CUs Caused Losses to NCUSIF Between October 1, 2016 and March 31, 2018 "Credit News 24" Four credit unions caused losses to the National Credit Union Share Insurance Fund (NCUSIF) between October 1, 2016 and March 31, 2018, acco...
Saturday, March 31, 2018 Credit Union Closure Credit Union Failures Conserved Valley State CU Closed "Credit News 24" The State of Michigan Department of Insurance and Financial Services liquidated Valley State Credit Union of Saginaw, Michigan, and named th...
Tuesday, February 27, 2018 Credit Union Failures Examinations Material Loss Review NCUA NCUSIF Office of Inspector General MLR: Alleged Fraud Caused Failure of Six Small Pennsylvania CUs "Credit News 24" A Material Loss Review (MLR) by the National Credit Union Administration (NCUA) Office of Inspector General (OIG) found that Chester Upland...