News And Resources

Credit Union-to-Bank Conversion News

• "Wisconsin’s Credit Unions Under Attack, But From Who?", Daily KOS, 5/18/11.
• "When Credit Unions Become Banks", Bankrate.com, 2/24/11.
• "Bad Assumptions In One Forecast", Credit Union Journal, 8/22/11.
• "A Remarkable Year For A Missing Headline Or Two", Credit Union Journal, 1/31/11.
• "Risky CDO Investments Leads To Demise Of CU-Convert Rainier Pacific Bank", Credit Union Journal, 3/1/10.
• "What Goes Around Comes Around, Though Not For All", Credit Union Journal, 11/16/09.
• "One Man’s Troubles Are Another’s Chance To Cash In", Credit Union Journal, 10/18/10.
• "Utah Regulator Closes Beehive", Credit Union Times, 12/22/10.
• "Former CU Turned Bank Going Straight Stock", Credit Union Times, 1/27/10.
• "Former Credit Union OmniAmerican Hits The Market With An IPO", Credit Union Times, 2/3/10.
• "CDOs Helped Bring The End To A Washington CU That Converted To A Bank", Credit Union Times, 3/10/10.
• "Regulations Aim To Close Gaps On Conversions And Mergers", Credit Union Times, 4/7/10.
• "Maryland FCU Takes First Step Toward Mutual Bank Conversion",Credit Union Times, 02/23/11.
• "NCUA Proposes New Rules On CU Conversions", Credit Union Journal, 03/12/10.
• "Wisconsin Provision in Budget Bill Would Make CU Conversions Easier", CUNA News Now, 5/16/11.
• "A Toast To Those Who Aren’t So Apathetic After All", Credit Union Journal, 10/12/09.
• "Why CUs Don’t Want To Be Banks", including 7 reasons to stay a credit union from former Director of the Office of Thrift Supervision, Ellen Seidman. CUNA News Now, 6/23/09.
• "Just When You Think Some Folks Can't Top Themselves, They Do", Credit Union Journal, 8/4/08.
• "Charter Conversions Remain A Heated Disagreement", Credit Union Journal, 7/7/08.
• "On Site Coverage: US Conversion Policy Puzzles World CU Leaders", Credit Union Times, 7/16/08.
• "New Report Finds 33% of CUs Surveyed Plan Change To Bank Charters", Credit Union Times, 1/30/08.
• "Lafayette Lost First Conversion Ballot; Recount Was Never In Play", Credit Union Times, 10/17/07.
• "Another Former Credit Union Headed to Capital Markets; Irony Galore Considering CEO’s Recent Testimony", Credit Union Times, 10/03/07.
• "Speculators Charged With Stalking CU Conversion Candidates", Credit Union Journal, 10/1/07.
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For more articles on specific topics, please visit Past Conversion, Current Conversion, or About Us

Resources

• Comprehensive report on conversion by UC Berkeley Professor: Credit Union Conversions to Banks: Facts, Incentives, Issues and Reforms, by James A. Wilcox, Filene Institute, 2006. (1 mb .pdf file)
• Hilarious website comparing credit unions to banks: www.bankerspank.com
• Study indicating that credit unions that have converted offer worse rates: "Credit Union to Mutual Conversion: Do Rates Diverge?", by Jeff Heinrich and Russ Kashian, University of Wisconsin Economics Department, 2006.
• More Resources...