Dakota Credit Union Association CEO Blasts NCUA

Jeff Olson says $10.5 million in recovered assets from the failed Midwest Corporate FCU belong to 30 North Dakota credit unions.

By Peter Strozniak | August 29, 2022 at 06:20 PM

Jeff Olson, president/CEO of the Dakota Credit Union Association, is blasting the NCUA for failing to pay 30 North Dakota credit unions $10.5 million in recovered assets of Midwest Corporate Federal Credit Union, which was dissolved in 2011 following the financial crisis.

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