Wednesday, October 17, 2018 Enforcement Actions State Regulator Illinois CU Regulator Suspends Operations of Route 1 CU for 60 Days "Credit News 24" The Illinois Division of Financial Institutions suspended the operations of Route 1 Credit Union (Paris, IL) for 60 days. The state regulato...
Sunday, October 14, 2018 Enforcement Actions State Regulator Illinois Amends St. Elizabeth CU's Suspension Order "Credit News 24" The state of Illinois announced on October 5 that it was amending the suspension order for St. Elizabeth Credit Union (Chicago, IL). The Ill...
Friday, September 21, 2018 Business Loans Member Business Loans NCUA Regulation State Regulator Fox Communities CU Receives Waivers for Financing Exposition Center "Credit News 24" The Wisconsin Office of Credit Unions on August 17, 2018 granted a waiver to Fox Communities Credit Union (Appleton, WI) with regard to cons...
Wednesday, September 19, 2018 Document of Resolution Enforcement Actions Letter of Understanding and Agreement State Regulator New Horizons CU Under Cease and Desist Order "Credit News 24" The Alabama Credit Union Administration issued a cease and desist order against New Horizons Credit Union (Mobile, AL). The cease and desist...
Saturday, September 1, 2018 Enforcement Actions Letter of Understanding and Agreement State Regulator Alabama CU Regulator Issues Cease and Desist Order to Craig Credit Union "Credit News 24" The Alabama Credit Union Administration issued a cease and desist order against Craig Credit Union (Selma, AL). The cease and desist order f...
Friday, August 31, 2018 Enforcement Actions State Regulator Regulator Suspends Operations of Tiny Chicago CU for 60 Days "Credit News 24" The Illinois Division of Financial Institutions suspended the operations of St. Elizabeth's Credit Union (Chicago, IL) for 60 days in an...
Tuesday, August 7, 2018 Credit Union Regulator Examinations Interest Rate Risk state chartered credit unions State Regulator Georgia CU Regulator to Add S to CAMEL Rating "Credit News 24" The Georgia Department of Banking and Finance (Department) announced that beginning January 1, 2018 the Sensitivity to Market Risk, or S com...
Thursday, April 12, 2018 Business Loans Member Business Loans State Regulator Landmark CU Granted Exception to MBL Cap "Credit News 24" The Wisconsin Office of Credit Unions approved a request from Landmark Credit Union (New Berlin, WI) for an exception to the aggregate membe...
Friday, February 9, 2018 Business Loans Legal Member Business Loans State Regulator Wisconsin CU Supervisor Denies CU's Request for MBL Waiver and Exception to MBL Cap "Credit News 24" The Wisconsin Division of Credit Unions has denied the application of Community First Credit Union (Appleton, WI) for an exception to the ag...