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Corporate Credit Unions

Court Extends NCUA Bid On Corporate CU Claims

SEP 13, 2013 9:00am ET

WICHITA, Kan. A federal court yesterday rejected a bid by RBS Securities to dismiss $1.9 billion of claims against it by NCUA over the failure of U.S. Central FCU, giving the federal regulator a much-needed boost to its dwindling prospects for recoveries on almost $10 billion of claims against...

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