William McCleery

Credit union comeback?

Money | The ECCU hopes to pull up from a downgrade
by William McCleery
Posted 9/02/16, 01:00 am

The past decade has been a struggle for the California-based Evangelical Christian Credit Union, which provides financial banking services to churches, Christian organizations, missionaries, and consumers across the United States.

Last year the National Credit Union Administration (NCUA) downgraded the ECCU to “adequately capitalized” from the more desirable designation of “well capitalized” (defined as having a 7 percent or higher net worth ratio).

Read more

Photo by William McCleery

Indiana joins a Convention of States

Government | The state House votes to join a movement to limit the power of the federal government through amendments to the U.S. Constitution
by William McCleery
Posted 3/01/16, 04:40 pm

INDIANAPOLIS—By joining the call for a “Convention of States,” Indiana this week became the sixth state in the nation to endorse limiting the power and jurisdiction of the federal government via amendments to the U.S. Constitution.

The question is whether, and how quickly, proponents of states’ rights can recruit 28 more legislatures to their cause—an effort bolstered lately by the endorsement of Sen. Marco Rubio, R-Fla., who has mentioned it in speeches while campaigning for the presidency.

Read more


Gospel for Asia sued for fraud

Religion | A class-action lawsuit alleges the ministry misappropriated donated funds
by William McCleery
Posted 2/10/16, 12:23 pm

A Dallas-based law firm filed a class-action lawsuit Monday against Gospel for Asia Inc. (GFA), alleging the Texas-based international ministry has engaged in fraud and racketeering.

GFA has claimed that hundreds of millions it has received in donations have gone to help the poor and preach the gospel. The lawsuit, though, alleges that ministry leaders were “covertly diverting the money to a multi-million dollar personal empire.”

Read more