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Video: Bill Cheney on Credit Unions

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Video: Banks vs. Credit Unions

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This is the very popular clip from CBS that highlights the credit union advantage over banks.  It originally aired the week of December 14, and was posted online on December 17.

Here’s a link to the original article, and the video itself is embedded below:
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Video: CNN Reports Why Credit Unions Are Better

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CNN’s Gerri Willis highlights differences between banks and credit unions.Read More


Video: Reorientation Toward Long-Term Governance

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A NCUA Town Hall attendee asks, “Does the proposed regulation address the possibility that U.S. Central will offer services directly to natural person credit unions?” Watch the short video for Bob Fenner’s response.Read More


Video: OTTI vs Losses at WesCorp

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A brief video clip from the WesCorp financial performance webcast on October 29, 2009. The topic is OTTI and losses. The question is:

To date you have actual losses of $27 Million in the securities portfolio, but you’ve written off over $6 Billion dollars in OTTI. This means that you’re expecting to eventually have 100% of OTTI become actual loss. Is this correct?  And, what is the timeframe for this to happen?Read More


Video: Timeframe for Recapitalizing WesCorp

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In case you missed the WesCorp financial performance webcast
on October 29, 2009, here’s a brief clip about the timeframe for
recapitalizing WesCorp.  The question is, “When are we as WesCorp
members going to be required to recapitalize WesCorp?”Read More


Video: Gigi Hyland on the Future of Corporates

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Watch Gigi Hyland of the NCUA comment on the future of the corporate credit union system from the NCUA Town Hall meeting near Washington, DC. She speaks about the “mutuality” and “connectivity” of the credit union cooperative system and how that relates to the upcoming corporate rule changes and the NCUSIF.Read More