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By Heather Anderson |
May 12, 2010
The $3.7 billion Corporate One FCU did not record any OTTIs against $35.5 million worth of securities wrapped by monoline insurer Ambac Assurance Corp., according to its March 2010 financials.
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By Heather Anderson |
May 4, 2010
The $3.7 billion Corporate One Federal Credit Union is placing full reliance for repayment on monoline insurer Ambac Assurance Corp, bucking the trend of other corporates who have recorded OTTIs on affected securities.
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By Heather Anderson |
March 17, 2010
NCUA officials have repeatedly said they want credit unions to determine the future structure of the corporate system.