Friday, July 31, 2020

That's All Folks!

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After writing almost 3,000 blog columns for slightly more than 11 years, this will be my last blog entry.  I have followed credit unions fo...
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Wednesday, July 29, 2020

Net Worth at Southern Pine CU Falls by Almost 70 Percent During Q2

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Conserved Southern Pine Credit Union (Valdosta, GA) reported an almost 70 percent decline in its net worth during the second quarter of 2020...

Mortgage Originations at CUs Up 30 Percent in 2019

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S&P Global Market Intelligence is reporting that mortgage originations at credit unions was up almost 30 percent in 2019. According to...
Tuesday, July 28, 2020

NCUA Overstates the Interest Rate Differentials Between Credit Unions and Banks

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The National Credit Union Administration (NCUA) is overstating the interest rate differential between banks and credit unions for various lo...
Monday, July 27, 2020

NCUA Should Publish Stress Test Results

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The National Credit Union Administration (NCUA) should publish a summary of the annual supervisory stress test results for covered credit un...
Sunday, July 26, 2020

NCUA's Harper Critical of CUs Garnishing Stimulus Payments, Senate Passes Bill Exempting Payments from Garnishment

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In a July 13 opinion piece in Credit Union Journal, the National Credit Union Administration Board member Todd Harper criticized those cred...
Friday, July 24, 2020

CEOs at Large State Chartered CEOs Earned 12.5 Times Average Employee Compensation

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In 2018, Chief Executive Officers at state chartered credit unions with at least $1 billion in assets earned on average 12.5 times the avera...
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