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Resolving The Corporate Credit Union Crisis

Friday, August 23, 2013 - 12:34 PM
From the Credit Union Times
As part of the share insurance system, all federally insured credit unions have borne the losses from the failed corporates. To manage those costs over time – rather than assessing credit unions for billions of dollars in corporate losses in a single year – the NCUA worked with Congress to create the Corporate Stabilization Fund.

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Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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