The North Dakota credit unions are seeking nearly $14 million worth of assets that an independent government agency collected as part of the liquidation of U.S. Central Federal Credit Union.
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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.