The big story about the NCUA’s sale of parts of failed corporate credit union U.S. Central may be what has not sold, sources have told Credit Union Times.
Last week the NCUA trumpeted that it had awarded the right to pursue the U.S. Central eCom subsidiary to CO-OP Financial Services.
Said the regulator in a statement: “The National Credit Union Administration (NCUA) has chosen CO-OP Financial Services, based in Rancho Cucamonga, California, to pursue the acquisition of the online and mobile bill payment services of Corporate Network eCom, LLC, a subsidiary of U.S. Central Bridge Corporate Federal Credit Union.”
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