Tennessee Corporate Says 2009 Losses Won’t Eat Into Members’ Capital
Credit Union Journal Daily Briefing | Tuesday, February 16, 2010
NASHVILLE, Tenn. – Volunteer Corporate CU last week reported losses for 2009 grew to $19.4 million, from $6 million for 2008, mostly due to its exposure to U.S. Central FCU – but VolCorp, one of the few adequately capitalized corporates, does not expect the additional losses to cause it to...
