Financial Performance

More Losses Accrue To National CU Insurance Fund From California Failures

DEC 16, 2008 11:04pm ET

ALEXANDRIA, Va. – The National CU Share Insurance Fund, which has been battered by growing losses among California credit unions, is expected to take another big hit from the newly announced deal to sell the remnants of one-time $305 million Valley CU to Illinois credit union giant Citizens Equity Financial...

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