According to legacy asset loss estimates provided to CreditUnion Times by the NCUA, investments made by Western Corporate FCU are generating far more losses than thosethat were made at other failed corporates.

As of year-end 2012, WesCorp's estimated losses were $5.7billion, representing 84.4% of the nearly $6.8 billion in totalestimated legacy asset losses. However, according to a chartprovided by the NCUA, the corporate formerly located in San Dimas,Calif., contributed just 39% of total legacy assets.

That's in stark contrast to the four other corporates that hadtheir investments seized by the NCUA and used as underlying assetsfor more than $17 billion worth of NCUA guaranteed notes issued in2011.

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