Saturday, May 18, 2019

New York seizes state's oldest credit union after ex-CEO's embezzlement plea

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New York's top financial regulator on Friday seized the state's oldest credit union, Municipal Credit Union, saying it suffered from "unsafe and unsound" conditions after its former chief executive pleaded guilty to embezzlement.


from Reuters: U.S. https://reut.rs/2w8vSJ6
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