Corporate America CU purchases Smart Source Solutions CUSO.
November 23, 2010
NCUA reports that it’s transferring the assets of Constitution Corporate to Members United Bridge Corporate Federal Credit Union, Warrenville, Ill. Members United will assume Constitution’s members, shares, and business processes to ensure ongoing service to the credit unions and their consumer members.
CUNA’s compliance staff was recently asked about a garnishment order for a member’s that receives federal benefits. The credit union determined the member did not have enough and the member asked the order be paid in full using those funds.