Posts Tagged ‘conservatorship’

Board approves temporary rule change regarding loss of school accreditation

JACKSON — The Mississippi Board of Education has approved a temporary rule that will allow the Commission on School Accreditation and the Board greater flexibility regarding the withdrawal of accreditation in a district that is placed under conservatorship. The rule amends an accreditation policy and that states “any school district placed in conservatorship may have […] [...]

Valued Members FCU goes into conservatorship

by Ted Carter Published: May 5,2011

Tags: conservatorship, credit unions, financial institutions

JACKSON — National Credit Union Administration regulators who took over troubled Valued Members Federal Credit Union’s Jackson, Canton and Lena locations yesterday say they hope the $9-million institution can be returned to the control of its members. The alternative is to arrange a transfer of the assets of the 2,030-member credit union to another credit union […] [...]

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