Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are any of the credit unions in financial difficulty?

April 26, 2017credit difficulty financial unions

0

Posted

Are any of the credit unions in financial difficulty?

1 Answer

0

Posted

No. This partnership is not a method to resolve any financial difficulties. Affinity, FirstSask and Nokomis Credit Unions have strong capital positions well in excess of regulatory requirements. In the new partnership all regulatory requirements will be exceeded by a wide margin.