The material loss report on the failed Taupa Lithuanian Credit Union reveals red flags back in 2010. The failure cost the NCUSIF $33.5 million.
Mark Fetcher doesn’t care why New London Security Federal Credit Union failed back in 2008.
Agency inspectors say shortfall was from liquidation rather than bulk sale of Florida property by Michigan's failed Huron River Area CU.
At one point, the high-flying commercial lending CUSO formed through Eastern Financial Florida Credit Union funded more than $200 million in business loans and served dozens of credit unions nationwide.