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CU Committee on Declaration of Grievances Told Congress of NCUA’s Misdeeds 15 Mar 2011 | 07:29 am
On March 4th a newly emerged ad hoc group of officials from credit unions located in multiple states calling itself the Credit Union Committee on Declaration of Grievances sent a letter to certain fed...
Shouldn’t It Start at NCUA? 19 Feb 2011 | 07:38 am
Authored by: Chip Filson In the January Callahan Report, Maurice Smith, a lawyer and CEO of Local Government Federal Credit Union ($1.08B, Raleigh, NC), responds to NCUA’s new rule that imposes a f....
RE-DESIGNING COOPERATIVE’S REGULATORY STRUCTURE 11 Jan 2011 | 09:58 am
Authored by: Credit Unions Rising Excerpted from: The Callahan Report The nationalization of the corporate credit union system without congressional, administrative, or industry oversight has .....
Liquidity Strangled — Undermining Future Safety and Soundness: 11 Jan 2011 | 09:45 am
Authored by: Credit Unions Rising Excerpted from: The Callahan Report During the worst credit crisis in a lifetime, credit unions supplied net credit to the nation’s citizens and businesses (onl.....
The Unique Role of Cooperative Credit in the Great Recession 11 Jan 2011 | 09:27 am
Authored by: Credit Unions Rising Excerpted from: The Callahan Report Credit unions originated $525 billion in loans to over 39 million members in 2008 and 2009, the period of the worst credit c.....
Governance Flaw 11 Jan 2011 | 09:08 am
Authored by: Credit Unions Rising Excerpted from: The Callahan Report NCUA’s actions over the corporates have revealed an inherent structural flaw in the system of cooperative regulation. The ch.....
Running Up The Bill 11 Jan 2011 | 08:01 am
Authored by: Credit Unions Rising Excerpted from: The Callahan Report NCUA’s September 24, 2010 seizure of three additional corporate credit unions runs up the bill to be paid by 90 million cred.....
A Corporate Recovery Stopped in its Tracks 5 Jan 2011 | 10:54 am
Authored by: CU Rising Excerpted from: The Callahan Report From June 2009 to June 2010, the corporate credit union system rebounded dramatically. It reduced shares and borrowings by $12.2 billio.....
Running Up the Bill 11 Dec 2010 | 11:24 am
Authored by: CU Rising Excerpted from: The Callahan Report NCUA's September 24, 2010 seizure of three additional corporate credit unions runs up the bill to be paid by 90 million credit union me.....
Governance Flaw 11 Dec 2010 | 11:22 am
Authored by: Chip Filson Excerpted from: The Callahan Report NCUA's actions over the corporates have revealed an inherent structural flaw in the system of cooperative regulation. The check and b.....
