Five months after the NCUA filed a complaint against a business lending CUSO with the liquidated Ensign Federal Credit Union, the regulator is going after real estate developers who allegedly defaulted on a nearly $2 million loan.
The Credit Union Executive Society, Madison, Wis., named Ertis Blake, president of Communications & Other Workers of Jamaica Co-Operative Credit Union Ltd., Jamaica, as the 2010 CUES director of the year.
One of the former managers of North Star Business Services LLC has said charges in a suit recently filed by the NCUA for alleged fraudulent payment collection are false.
North Star Business Services LLC, a CUSO that did business with the liquidated Ensign Federal Credit Union, has been hit
Diane Whitaker, the former president/CEO of the liquidated Ensign Federal Credit Union, told Credit Union Times in 2007 that she had early concerns with North Star Business Services LLC, a business lending CUSO now facing a suit from the NCUA.