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Cooperative Strategy

Corporates

BLOG NCUA Chair Says Show Them The Money

The NCUA’s board chair says his top priority in 2017 is returning to credit unions the several billion dollars they’re owed from the regulator’s bailout of corporate credit unions in the Great Recession.

Marc Rapport
 
By Marc Rapport

Feb. 28, 2017

731 Views
0
BLOG How The NCUA Can Speed Up Bailout Returns

Merging the corporate credit union fund with the share insurance fund is an idea worth considering.

Chip Filson
 
By Chip Filson

Feb. 21, 2017

2057 Views
1
BLOG Billions More Reasons For The NCUA To End The Deepening Secrecy

More than $8 billion of credit union money is tied up in and around the regulator’s bailout of the corporates, but little else is really known.

Chip Filson
 
By Chip Filson

Dec. 1, 2016

1343 Views
0
BLOG NCUA Shows Nobody The Money, Except For The Attorneys

The agency’s board ducks responsibility and shrouds in secrecy what’s happening with $3 billion in recoveries from the sellers of dubious private mortgage securities.

Chip Filson
 
By Chip Filson

Oct. 31, 2016

2159 Views
0
BLOG Money Indeed Changes Everything: An Open Letter To The NCUA Board

The NCUA could accomplish so much more by being open about how it plans to manage and distribute billions of dollars from the corporate credit union collapse and bailout.

Chip Filson
 
By Chip Filson

Sept. 29, 2016

2674 Views
5
BLOG Five Corporate Estates Gain $570.1 Million In Second Quarter, But NCUA Secrecy Remains

The latest news should be good for credit unions invested in the failed corporates, but lack of regulator clarity makes it hard to know what's really going on.

Chip Filson
 
By Chip Filson

Sept. 1, 2016

2216 Views
0
BLOG The Corporate Bailout Fund Grows While Credit Unions Wait

The need for monitoring grows as does the bank account as another $161 million is added ahead of the fund’s 2021 shutdown date.

Chip Filson
 
By Chip Filson

July 7, 2016

1855 Views
0
subprime lending
FEATURE Is There An Auto Bubble In Credit Union Land? Exclusive Content

Credit union ledgers show no froth amid larger financial industry reports about a growing subprime auto loan bubble.

By Marc Rapport

June 6, 2016

5621 Views
0
BLOG Now Is The Time To End The NCUA's Secrecy Over The Corporate Bailout

While credit unions await payback, a look at the agency’s audit numbers for the past six years show its secretive rescue plan might have cost more than it saved.

Chip Filson
 
By Chip Filson

May 19, 2016

2179 Views
0
BLOG $830 Million Surplus In Corporate AMEs Puts Resolution Plan In New Phase

Three critical questions about the corporate resolution plan to be addressed at this Thursday's board meeting.

Chip Filson
 
By Chip Filson

May 17, 2016

3078 Views
1
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