Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Rapid City Telco FCU released from NCUA cease-and-desist order
ALEXANDRIA, Va. (2/26/14)--The National Credit Union Administration has lifted a cease-and-desist order that was filed against South Dakota-based Rapid City Telco FCU in early 2010.

The agency issued the order after the credit union's plan to build a new central office created regulatory and safety and soundness concerns. The NCUA release did not say whether these concerns have been addressed.

Rapid City Telco was opened in 1945, and currently serves 5,629 members through four branches. The credit union holds $45 million in assets.


RSS





print
News Now LiveWire
Middle-class families walking a tightrope with little savings @pewresearch HT @CNNMoney http://t.co/Pfu2KHASZa
16 hours ago
.@CUNA's @SchenkMike on @federalreserve meeting: http://t.co/Ry39vjWdA1
16 hours ago
#creditunion cites prize-linked savings success in @WSJ http://t.co/3CXupUMx5d
18 hours ago
.@CFPB proposes mtg rule changes 2 facilitate responsible lending by small creditors, esp. in rural/underserved areas.http://t.co/sn6PnlS0EB
20 hours ago
#NewsNow Apple Pay interest booming at CUs, Western Union joins http://t.co/LsaoOYzAPx
21 hours ago