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NCUA liquidates Indianapolis’ Newspaper FCU - American …
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Indianapolis’ Newspaper credit union failed due to fraud by a …
Web22 dec. 2024 · A material loss review of the $2.29 million estimated share insurance fund loss due to the failure of Indianapolis’ Newspaper Federal Credit Union earlier this year showed the institution failed due to fraud involving a “loan lapping” scheme involving the credit union’s CEO, its other two employees and possibly its board chair, a recent … Web21 sep. 2024 · Current savings and CD rate information of INDIANAPOLIS NEWSPAPER FCU branch, and other current key financial statistics and information concerning … Web1 apr. 2024 · In less than three months after it was conserved, the $6.3 million Indianapolis’ Newspaper Federal Credit Union of Indianapolis, Ind., was liquidated, the NCUA said … g harvey new york new york