TITLE

Scramble Now On In Wescorp's Wake

PUB. DATE
September 2011
SOURCE
Credit Union Journal;9/12/2011, Vol. 15 Issue 35, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the recapitalization of some credit unions (CUs) after the United Resources' failure to raise capital and come out of Wescorp's shadow. It states that Western Bridge Corporate federal credit union (FCU) lacks 118 million dollar-worth of capital. Meanwhile, it says that United Resources have raised more or less 82 million dollars of its 200 million-dollar target. National Credit Union Administration (NCUA) spokesperson David Small notes the plan to get package deal bids. INSET: Not Everyone Is Unhappy.
ACCESSION #
65550379

 

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