tag:blogger.com,1999:blog-319775530671726401.post1480769985538122519..comments2023-10-01T09:18:26.162-04:00Comments on Keith Leggett’s Credit Union Watch: Melrose Credit Union: May Day! May Day!Keith Leggetthttp://www.blogger.com/profile/14794334790117033547noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-319775530671726401.post-71281622262760919582016-08-22T08:16:52.568-04:002016-08-22T08:16:52.568-04:00Your funds are safe up to the insured deposit limi...Your funds are safe up to the insured deposit limit of $250,000. But the $250,000 limit applies to all your accounts. Keith Leggetthttps://www.blogger.com/profile/14794334790117033547noreply@blogger.comtag:blogger.com,1999:blog-319775530671726401.post-87127062202093590172016-08-21T18:26:07.168-04:002016-08-21T18:26:07.168-04:00Keith: Do you feel it is safe to invest in a CD a...Keith: Do you feel it is safe to invest in a CD at Melrose Credit Union at this time?Anonymoushttps://www.blogger.com/profile/14268897574417122661noreply@blogger.comtag:blogger.com,1999:blog-319775530671726401.post-9393424821150626072016-05-03T16:32:01.909-04:002016-05-03T16:32:01.909-04:00No. However, the credit unions had the highest ex...No. However, the credit unions had the highest exposure to taxi medallion loans. this made them more vulnerable to the disruption of the taxi industry by Uber and Lyft.Keith Leggetthttps://www.blogger.com/profile/14794334790117033547noreply@blogger.comtag:blogger.com,1999:blog-319775530671726401.post-24441241727386400982016-05-03T12:52:16.947-04:002016-05-03T12:52:16.947-04:00Are credit unions the only institutions that have ...Are credit unions the only institutions that have Taxi-Medallion issues?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-319775530671726401.post-79986749395289703212016-05-01T23:13:06.352-04:002016-05-01T23:13:06.352-04:00The bigger question is how do these losses impact ...The bigger question is how do these losses impact upon the reserves at the NCUSIF? Are credit unions' 1% deposits at risk of a write-down? <br /><br />Marvin Umholtz 05/01/16Marvin Umholtznoreply@blogger.comtag:blogger.com,1999:blog-319775530671726401.post-65390429521250278302016-05-01T08:59:16.054-04:002016-05-01T08:59:16.054-04:00There may not be a buffer big enough.
Total dq is ...There may not be a buffer big enough.<br />Total dq is nearly all of the alll + nw. <br />What is the total taxi loans as a % of total assets?<br />What's the liquidity position of the cu?Anonymousnoreply@blogger.com