Stay updated with breaking news from Corporate Stabilization Program. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The National Credit Union Administration said 28 credit unions in North Dakota have failed to provide proof that they have a legal right to nearly $14 million related to the Corporate Stabilization Program.
The National Credit Union Administration continues to distribute recovered funds to credit unions across the country, but some in North Dakota believe they are being disregarded and deprived of more than $10 million.
Olson, president and CEO of the Dakota Credit Union Association, urges the National Credit Union Administration to release funds held by the agency belonging to North Dakota credit unions and their members.