Archive for the ‘CREDIT UNION CONSERVATORSHIPS’ Category
Monday, January 21st, 2008
It was announced late Friday that CAL State 9 Credit Union would be placed into conservatorship under the National Credit Union Administration (NCUA).
Regarding Cal State 9, this San Francisco Chronicle article received a quote from a California official who stated that the action was "related to the credit union's defaults ...
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Monday, January 21st, 2008
Secret Conservatorship only recently disclosed... a pattern of things to come. Never listed in the NCUA news section...
Board Room Secrets
The Bankers Knew
Largest Credit Union failure yet.... Based in CO, they made bad bets in FL, now DC will bail them out!
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Monday, January 21st, 2008
Denver -based credit union Zion United Community Credit Union has been placed into conservatorship by regulators in Colorado.
Regulators in Colorado took control of a Denver credit union with the goal of saving it for its low- and moderateincome members.
According to Colorado's Financial Services Commissioner Chris Myklebust the action is ...
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