WASHINGTON – A new analysis by Co-Ops for Change asserts that U.S. Central FCU’s losses are likely to be far less than projected.

According to a statement released by Co-Ops for Change (www.coops4change.org), the June 30, 2013, update of U.S. Central’s securities shows that of the total $3.5 billion other-than-temporary-impairment (OTTI) future loss estimates, more than $2.3 billion is still unused. The $3.5 billion is from the June 2010 balance sheet, which also showed positive capital of $310 million, after these losses were expensed.

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