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The June 30, 2013, update of the U.S. Central Federal Credit Union securities shows that of the total $3.5 billion other-than-temporary-impairment (OTTI) future loss estimates, more than $2.3 billion is still unused.
Here are four different ways you can join the conversation about the need for an understanding of cooperative principles in regulatory leadership.
Co-Ops for Change is crowd-sourcing data on each corporate credit union’s portfolio that was taken to collateralize the NCUA Guaranteed Notes (NGN).
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Corporate credit unions pool resources and create economies of scale to help member credit unions succeed.
Credit unions use informal networks to share best practices and resources to better serve their members.
Lack of cooperative principles led to NCUA missteps during the financial crisis. Restoring those principles, widely tested through 75 years should, be our guide forward.
To promote the continuous evolution of the credit union charter and its multifaceted contributions to the country’s economic progress, a new cooperative regulatory structure is needed.
Smaller credit unions historically relied on corporates. Are there steps a cooperative industry can take to aid these credit unions in their portfolio management?
Will the NCUA board do the right thing for credit unions? Can NCUA evolve with changing priorities?