Keith Leggett’s Credit Union Watch
Keeping an eye on the credit union scene.
Friday, January 19, 2018
Wings Financial CU Buys Three Branches and Depositors from Minnesota Bank
Wings Financial Credit Union (Apple Valley, MN) has agreed to purchase three branches from KleinBank (Chaska, MN). As part of the deal, th...
Thursday, January 18, 2018
Credit Unions Have Tapped Taxpayers' Funds
Credit unions have received taxpayer money, despite statements to the contrary. Recently, Richard T. Webb wrote Credit Union Times that &...
Wednesday, January 17, 2018
Credit Unions Fund $112.6 Million Biofuel Loan
A consortium of credit unions funded a $112.6 million loan guaranteed by the United States Department of Agriculture to Ryze Renewables Reno...
NYC Taxi Medallions Sold for Under $200,000 at January 16 Auction
There is mounting evidence that taxi medallion prices in New York City are less than $200,000.. Crain's New York Business is reporting...
Tuesday, January 16, 2018
CU Tax Subsidy Going to Wealthy Savers
A Winston-Salem (NC) credit union's certificate of deposit promotion targets wealthy savers. Allegacy Federal Credit Union is advertis...
Monday, January 15, 2018
Primary Financial Institutions for Retail Customers and Small Businesses
Below is a chart from Raddon that looks at which institutions are the primary financial institutions for retail customers and small business...
Sunday, January 14, 2018
NYC Taxi Medallion Sold at Auction for High Bid of $185,000
Recent auctions indicate that New York City (NYC) taxi medallions are valued around $185,000 per medallion. On January 11th, six NYC taxi ...
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