Keith Leggett’s Credit Union Watch
Keeping an eye on the credit union scene.
Monday, November 19, 2018
International Training Trips May Signal a Corporate Governance Problem
If your credit union board members are rewarding themselves through international or luxury training trips or other perks that are not avail...
OIG Investigations Clear NCUA Chairman McWatters
The Office of Inspector General (OIG) of the National Credit Union Administration (NCUA) closed two investigations into NCUA Chairman McWatt...
Saturday, November 17, 2018
Texas Trust CU Buys Naming Rights to Epic Theater
Texas Trust Credit Union (Arlington, TX) bought the naming rights to the Epic Theater in the City of Grand Prairie (TX). The five-year agr...
Thursday, November 15, 2018
Problem CUs Fell During Q3 2018, NCUSIF Liquidation Charges of $743.4 Million
The number of problem credit unions fell during the third quarter of 2018, according to the National Credit Union Administration (NCUA). A...
Wednesday, November 14, 2018
Advia CU to Acquire Illinois Bank
Advia Credit Union (Parchment, MI) has announced that it plan to acquire Golden Eagle Community Bank (Woodstock, IL). The deal awaits bank...
ACSI: Banks and Credit Unions Tie in Customer Satisfaction
Banks match credit unions in consumer satisfaction. According to the American Customer Satisfaction Index (ACSI®), banks and credit unions...
Tuesday, November 13, 2018
Taxi Medallion Loans Wreck Progressive CU
Defaulting taxi medallion loans continue to wreck the financial performance of Progressive Credit Union (New York, NY). During the third q...
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