06/21/2021 09:54 am
ALEXANDRIA, Va.–At the time, the maturity dates felt so far off they only added to the feeling of loss. What were perceived to be penny-on-the-dollar future recoveries were written off by most. For America’s credit union community, it was more than a black eye that appeared would never heal—it was what one person now describes as an “extinction-level” event. And yet that eye would not just heal, it would see good news come early—and America’s credit unions would not become extinct.