Home>Topics>Credit Unions

Credit Unions

  1. All
  2. Commentary
  3. Headlines
  1. U.S. credit union regulator sues Wells Fargo over crisis-era trusts

    Headlines

    Tue, 23 Dec 2014

    (Reuters) - The U.S. credit union regulator sued Wells Fargo & Co Tuesday, saying the bank failed to fulfill its duties as a trustee for certain residential mortgage-backed securities trusts that soured and brought down five credit unions .

  2. UPDATE 1-U.S. credit union regulator sues Wells Fargo over crisis-era trusts

    Headlines

    Tue, 23 Dec 2014

    Dec 23 (Reuters) - The U.S. credit union regulator sued Wells Fargo & Co Tuesday, saying the bank failed to fulfill its duties as a trustee for certain residential mortgage-backed securities trusts...

  3. UPDATE 2-U.S. Bank, Bank of America sued over mortgage securities

    Headlines

    Wed, 17 Dec 2014

    WASHINGTON, Dec 17 (Reuters) - The U.S. credit union regulator said on Wednesday it filed a lawsuit against U.S. Bank and Bank of America over mortgage securities sold in the years leading up to the...

  4. U.S. regulator sues U.S. Bank, Bank of America over mortgage securities

    Headlines

    Wed, 17 Dec 2014

    WASHINGTON, Dec 17 (Reuters) - The U.S. National Credit Union Administration said on Wednesday it filed a lawsuit against U.S. Bank and Bank of America over mortgage securities.

  5. TIAA, Korean Teachers Form $1B JV, Buy NYC Office Loan

    Commentary

    Fri, 12 Dec 2014

    tiaa-korean-teachers-form-1b-jv-buy-nyc-office-loan One excerpt. IAA-CREF and the Korean Teachers Credit Union have recently come together to form a $1 billion joint venture vehicle that will invest in U.S. commercial mortgages

  6. Polish regulator seeks bankruptcy for credit union SKOK Wolomin

    Headlines

    Fri, 12 Dec 2014

    WARSAW, Dec 12 (Reuters) - Poland's financial regulator KNF is seeking court approval for ailing credit union SKOK Wolomin to be declared bankrupt, a step that would allow depositors to get their...

  7. RMD's with TIAA-CREF: MDO or not MDO?

    Commentary

    Mon, 1 Dec 2014

    took my year's withdrawals in two parts in October and November. The federal tax withholding and the cash transfers to my credit union went without a hitch. (I'm still not sure, however, whether T-C will send me a document concerning the amounts withheld

  8. Blackrock cut stake in Italy's Banco Popolare to 4.9 pct-filing

    Headlines

    Fri, 28 Nov 2014

    MILAN, Nov 28 (Reuters) - U.S. investment firm Blackrock has lowered its stake in Italian cooperative bank Banco Popolare, according to a regulatory filing on Friday which showed a holding of 4.91 percent as of Nov. 21.

  9. U.S. Treasury fines credit union for anti-money laundering lapses

    Headlines

    Tue, 25 Nov 2014

    Nov 25 (Reuters) - A south Florida credit union has been fined $300,000 by the U.S. Treasury Department after admitting that it moved large sums of customer money to risky jurisdictions without proper controls to prevent money laundering.

  10. Bendigo Agreement with Credit Union's Shows Importance of Scale in Banking

    Commentary

    Tue, 25 Nov 2014

    agreement with an alliance of four credit unions to make Bendigo their approved deposit ..... and balance sheet management. The credit unions will remain 100% member-owned ..... to the 39,000 members of the four credit unions . There is little downside risk to

« Prev12345Next »
Content Partners