Credit Union Conversion News

Articles on current conversions, past conversions and the National Center for Member Trust.

• "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.
• "Solution Eyed For IPO Scheming", Credit Union Journal, 10/1/07.
• "SEC Verifies Long-Held Fears of Investors Joining CUs in Hopes of Conversion Riches", Credit Union Times, 5/30/07.
• "Hedge Funds Discover CU Conversions", Credit Union Journal, 1/16/07.
• "A Few Insiders Share the Wealth from CU Conversions", Credit Union Journal, 12/22/06.
• "Filene Report Argues NCUA Should Allow CUs to Convert Directly To Stock Banks; Receiving a Per Member Share of CU Only Way to Protect Member Interests", Credit Union Times, 6/14/06.
• "Should the Earnings of Credit Unions That Convert to Banks be Taxed?", Credit Union Times, 5/24/06.
• "Banks Look To Make Converts of Credit Unions", Washington Post, 2/11/06.
• "More and More CU Leaders Concerned Greed is Motivating Bank Conversions", Credit Union Times, 6/15/05.
• "So You Want to be a Bank? Maybe it's Time to Liquidate", Credit Union Times, 6/1/05.
• "For Years, Consultants and Greed Have Driven Coops in Other Industries to go Stock-owned; CU Wave May be Just Starting", Credit Union Times, 3/17/04.
• "Consultant Pitches Millions That Can Be Made", Credit Union Journal, 02/23/04.
• "Not Not-For-Profit", Credit Union Journal, 2/23/04.
• "What's Really Driving Those Charter Changes", Credit Union Journal, 12/22/03.