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Credit Union Journal

Wednesday, February 8, 2012, as of 11:26 AM EDT

New Fight Breaks Out Over Loan Participations

Credit Union Journal Daily Briefing  |  Friday, September 3, 2010

CLEVELAND – In another of a growing number of disputes over participation lending, NCUA filed suit in federal court here yesterday contesting ownership of a $11 million participated loan that belonged to the year’s biggest credit union failure, St. Paul’s Croatian FCU, a one-time $250 million credit union shuttered in...

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