corporate losses

Corporate Loss Reduced, Assessment Remains

By Heather Anderson | April 10, 2013

The NCUA reported March 28 that following a twice-annual review, the highest estimated amount credit unions have yet to pay in corporate assessments has declined by $900 million.
Corporate Assessment Assailed by Industry Trades

By Heather Anderson | August 5, 2012

Using the NCUA’s midpoint estimates of remaining corporate stabilization costs, CUNA Chief Economist Bill Hampel estimates it would take four more years of assessments similar to the 2012 rate of 9.5 basis points to pay off corporate losses.
Kansas Judge Consolidates Two NCUA Securities Fraud Suits

By Heather Anderson | June 6, 2012

Suits against Wachovia Capital Markets for U.S. Central, WesCorp losses combined into one.
NCUA Sues Wachovia Securities over Corporate Credit Union Losses

By Claude R. Marx | November 29, 2011

Agency goes after firm now known as Wells Fargo Securities for mortgage-backed securities sales to U.S. Central, WesCorp.

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