Search
 

Thank Goodness for $200!

I hate to say I told you so, but I did. When the news broke of Wings Financial FCU attempting to engineer a hostile takeover of Continental FCU, there was a lot of hysteria.

By Staff Writer | Updated on April 24, 2007

I hate to say I told you so, but I did. When the news broke of Wings Financial FCU attempting to engineer a hostile takeover of Continental FCU, there was a lot of hysteria.

Specifically CUNA and NAFCU were pounding on NCUA’s door to drop everything and stop the merger in its tracks. Rule that it was not a “cooperative” merger and thus should be killed, or that it did not have the regulations on the books to handle hostile takeovers, they said.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.