Articles and Links

May 18, 2011 - CU Times - Guest opion article submitted to the CU Times by Alan Theriault, President of CU Financial Services. The article discusses the potential for NCUA and the credit union trade associations to negotiate a taxation compromise with Congress which would both tax credit unions and trap them in slow growth, systemically impaired charter.

February 11, 2011 - The Aegis - Local newspaper article discussing the proposed conversion of $188 million Har-co Federal Credit Union.

February 14, 2011 - CU Journal - "Accept Your Fate, Or Get Out While You Still Can?" The article discusses the reasons so many credit unions are looking at conversion to the bank charter. Included is a table comparing what the NCUA, the trade associations, and the anti-conversion activists are trying to get credit union executives to believe to the facts about the health of the NCUSIF and the legislative prospects for the credit union industry.

November 1, 2010 - CU Journal - "Conversion is A Legit Business Decision - Not Evil." - An article pointing out the benefits of conversion to FDIC insurance, including product and market fleibility, better consumer awareness, corporate governance alternatives, access to capital, and lower cost deposit insurance.

April 26, 2010 - NEWS RELEASE - Dallas Credit Union Conference to include session on "Life after Corporate Credit Unions" moderated by Alan D. Theriault, President, CU Financial Services. The session will address rebuilding capital after realizing paralyzing systemic industry losses.


April 20, 2010 - NEWS RELEASE - The Great New England Credit Union Conference to program on "Alternative Capital for Credit Unions" moderated by Alan D. Theriault and featuring a talk by a retired CEO from a credit union which converted to a mutual savings bank addressing the decision making process for seeking capital and/or conversion to a mutual bank.

April 19, 2010 - Baron's - Guilding the Books for Maine Street's Credit Unions - Why Credit Unions are facing billions of dollars in losses. A telling article which states "The [credit union] system is held together by rubber bands."

April 14, 2010 - NEWS RELEASE- Alan D. Theriault, President, CU Financial to moderate four-part webinar on "Alternative Capital" sponsored by Stifel Nicolaus and hosted by The Credit Union Executive Society. The first session features speakers from the U.S. Treasury Department, NCUA, and the Filene Institute.

January 20, 2010 - CU Times - Opinion - Unfair Assessments and Need for Capital Will Result in Conversions

January 8, 2010 - American Banker - Opinion - A Better Alternative for Credit Unions

May 8, 2009 - American Banker - Fury Over Corporate Bailout May Spark Conversion Surge

January 7, 2008 – CCUCO vs. NCUA Filings

May 11, 2007 - House Financial Services Committee Legislative Assistants Briefing - "Credit Union to Mutual Savings Bank Conversions" - Prepared remarks of Alan D. Theriault, President, CU Financial Services

November 28, 2006 - American Enterprise Institute - "Credit Unions in the Broader Financial System" - Prepared remarks of Alan D. Theriault, President, CU Financial Services

October 13, 2006 - American Banker - Viewpoint: "NCUA Should Not Play Charter Jailer", by Alan D. Theriault, President, CU Financial Services

May 25, 2006 - Testimony of ICBA before Congressional Oversight Committee- see page 2, 6, 7

May 25, 2006 - Testimony of ACB before Congressional Oversight Committee- see page 7

May 25, 2006 - Testimony of OTS before Congressional Oversight Committee- see page 38-41

May 16, 2006 - CU Financial's Letter to the Editor regarding NCUA's "Contain and Collect" Strategy, including comment about the Michigan Credit Union League interference with the DFCU Conversion.

May 11, 2006 - Testimony of ABA regarding H.R. 3206 - Mc Henry's Charter Choice Bill

May 11, 2006 - Testimony of ACB / Laurie Stewart regarding H.R. 3206 - Mc Henry's Charter Choice Bill

May 11, 2006 - Testimony of OTS regarding H.R. 3206 - Mc Henry's Charter Choice Bill

May 11, 2006 - Written testimony for the record in support of H.R.-3206, The Credit Uion Charter Choice Act by The Coalition for Credit Union Charter Options

May 11, 2006 - Written testimony for the record in support of H.R.-3206, The Credit Union Charter Choice Act.

Oct 2004 - CU Financial Services - Comment letter on Proposed NCUA Rulemaking regarding Conversion Disclosures

Nov 2003 - CU Financial Services - Comment letter on Proposed NCUA Rulemaking regarding Conversion Disclosures

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