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Posts for Tag: Corporates

Catalyst Corporate and FirstCorp Announce Plans to Pursue Unique Consolidation

Catalyst Corporate has signed a letter of intent to consolidate with FirstCorp Credit Union this year, representing another step forward in the corporate's business model driven by efficiencies of scale and technological innovation.
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Tagged: Corporates | Posted On: 05/10/2012

Northwest Credit Union Pros Tapped for Catalyst Council’s Western Region

Catalyst Corporate Federal Credit Union has named 12 credit union professionals to serve as members of the western regional component of its newly-formed Catalyst Councils, including four from Oregon and Washington.
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Tagged: Corporates | Posted On: 04/10/2012

White House Withdraws Leon-Decker’s NCUA Board Nomination

The White House announced yesterday that it has withdrawn the nomination of Carla Leon-Decker to join the NCUA board of directors. Meanwhile, the NCUA reached settlement in its suit filed against HSBC, recovering $5.25 million.
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Tagged: NCUA , Corporates | Posted On: 03/13/2012

Catalyst Corporate Tops 1,000 Members

More than 1,000 credit unions have already capitalized Catalyst Corporate Federal Credit Union. New President and CEO Kathy Garner said the Strategic Link Annual Sponsor’s plan calls for low-cost, non-disruptive transitions.
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Tagged: Partner Updates , Corporates | Posted On: 03/06/2012

Kathy Garner Chosen as New Catalyst Corporate CEO

NWCUF board member Kathy Garner has been named the new president and CEO of Catalyst Corporate Federal Credit Union, replacing Diane Addington, who had filled the position since Catalyst was formed in September 2011.
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Tagged: Corporates , Foundations | Posted On: 03/01/2012

GAO Issues Report on Corporate Credit Union Failures and NCUA Action

The NWCUA’s Regulatory Advocacy team works with state and federal regulators to help reduce the regulatory burden on credit unions and protect the credit union movement. Included here are updates on a recent GAO report and an NCUA data request.
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Tagged: NCUA , Corporates | Posted On: 01/05/2012

Catalyst Corporate Prepared for U.S. Central Bridge Wind Down

Catalyst Corporate explains how the NCUA’s intention to wind down the remaining components of U.S. Central Bridge Corporate—especially payment services such as ACH, automated settlement and international wires—will affect credit unions.
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Tagged: Business Solutions , Corporates | Posted On: 01/05/2012

Catalyst Corporate Sets Town Hall Meeting Schedule

Catalyst Corporate Federal Credit Union will conduct a series of town hall meetings in January and February to help credit unions transition from Western Bridge Corporate.
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Tagged: Corporates | Posted On: 01/03/2012

NCUA Reaches Settlement in Lawsuits Against Citigroup, Deutsche Bank Securities

The NCUA reached separate settlements this week with Citigroup and Deutsche Bank Securities regarding the sale of residential mortgage-backed securities to five wholesale credit unions. Net proceeds will go toward reducing assessments charged to credit unions to pay for the losses.
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Tagged: NCUA , Corporates , CU System | Posted On: 11/15/2011

Comments Received on Corporate Prepayment Program to Be Made Public

Unless it hears concerns about making the comments public on or before June 10, the NCUA will post all comments on its website. Comments on the prepayment program accepted until June 20.
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Tagged: NCUA , Regulation , Corporates | Posted On: 06/09/2011