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ARTICLES BY Chip Filson

By Chip Filson | Aug. 24, 2017

Here’s how and why to learn more and then speak out about the NCUA’s proposed merger of the corporate credit union and share insurance funds. Plus, attend our webinar.

By Chip Filson | Aug. 2, 2017

Payouts to senior managers after the PenFed takeover of Belvoir FCU also show need for transparency.

By Chip Filson | July 3, 2017

A Keystone State credit union vanishes to merger but not without a fight.

By Chip Filson | June 30, 2017

A look at one recent merger shows how information shared and withheld can influence the outcome: the disappearance of yet another credit union with a proud, long history.

By Chip Filson | June 26, 2017

The proposed NCUA rule would require payoffs to take place in the open, exposing merger deals to transparency before members give away millions in equity and member value.

By Chip Filson | March 8, 2017

Some mergers now appear to be little more than bank-like takeovers, without the transparency.

By Chip Filson | Feb. 21, 2017

Merging the corporate credit union fund with the share insurance fund is an idea worth considering.

By Chip Filson | Feb. 14, 2017

When member-owned financial cooperatives are sold in a merger that is really a fire sale, the benefit goes to the buyers, the selling board, and senior managers at the members’ expense.

By Chip Filson | Feb. 14, 2017

There is an alternative approach to self-dealing credit union mergers that corrupt the ideals of member-owned financial cooperatives.

By Chip Filson | Dec. 1, 2016

More than $8 billion of credit union money is tied up in and around the regulator’s bailout of the corporates, but little else is really known.