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CU System
CU System briefs (01/16/2013)
  • ONTARIO, Calif. (1/16/13)--CU Direct Corporation, a provider of lending solutions to the credit union industry, will return a 3% cash dividend to its 102 shareholders for the 2012 calendar year. It is the eighth consecutive year that the credit union service organization has paid dividends to its shareholders. CU Direct signed new agreements with 109 credit unions in 2012. At year's end 1,050 credit unions, serving 34 million members, were using the credit union service organization's lending solutions …


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The U.S. Court of Appeals restored NCUA lawsuit v. Barclays Capital that charged misrepresenting quality of $550M IN RMBS. See News Now Wed.
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