The Return Of The Prodigal Fund
The regulator blames the victim while selling out credit union members when they need their credit unions most.
The regulator blames the victim while selling out credit union members when they need their credit unions most.
Salad and scotch isn’t the real issue at the regulator. The real issue is how it liquidated taxi medallion lenders and borrowers to top up its own budget with TCCUSF recoveries.
The regulator’s war on concentration risk belies the reality that all credit unions have niches and concentrations, and it’s an excuse not to creatively seek workouts in the cooperative spirit.
At the heart of credit unions is a new organizational model based in cooperative design. It should also be at the core of the regulatory system. A radical overhaul is called for.
Based on July traffic (and our editorial instincts), here are the top articles and blogs that appeared on CreditUnions.com.
Five can’t-miss data points this week on CreditUnions.com.
Shiny coin of $736 million does little to disguise the regulator’s $21.7 billion error at the cost to America’s credit unions.
Enterprise-wide awareness at Heartland Credit Union helps the Illinois cooperative stay in step with regulatory rule-following.
The industry is safe, but it’s not sound. Today’s political climate is right for the regulator to take on a new role as the movement’s champion.
Based on May traffic (and our editorial instincts), here are the top articles and blogs that appeared on CreditUnions.com.

As margin support begins to fade, earnings performance is becoming more sensitive to revenue mix and harder to interpret through public reporting alone.

Harvard FCU combines digital estate planning with human financial guidance to support positive, proactive wealth transfer across generations.

Discover how small to midsize credit unions can weather the economic headwinds hitting their communities right now.

Look beyond the headlines to better understand what is driving current market trends and how they could impact credit union investment portfolios.

At Service Credit Union, Dave Widener connects data, strategy, and culture to shape better outcomes for members.

The Ohio-based cooperative has partnered with a fintech to offer fractional investing as part of its financial education curriculum in local schools.

Seven questions credit union board members should ask to ensure alignment on executive benefit plan goals.

As credit unions move from experimentation to adoption, leaders offer firsthand knowledge on what separates weak policies from strong ones that actually work.

How Members Cooperative focuses on structure, oversight, and clear expectations to ensure AI supports, not undermines, long term strategy.

As Hudson Valley Credit Union’s artificial intelligence chief, Preetha Sekharan holds a rare role in the industry, but it’s one that is likely to become far more common in the future.
The Return Of The Prodigal Fund