Two Credit Unions Issue $40 Million in Subordinated Debt

Wyoming's Blue FCU and TruStone Financial CU file the first credit union deals of 2024 with the SEC.

By Jim DuPlessis | January 05, 2024 at 03:00 PM

Spreadsheet with rows of accounting numbers and a calculator

Credit unions from Minneapolis and Wyoming filed the New Year's first credit union subordinated debt issues with the SEC this week, bolstering their capital by $40 million and expanding their ability to serve members.

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Two Credit Unions Issue $40 Million in Subordinated Debt

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Jim DuPlessis

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