Total penalties assessed by the National Credit Union Administration totaled $10,365.
Individual penalties ranged from $151 to $2,509. The median penalty was $253.
Of the 25 credit unions agreeing to pay penalties for the fourth quarter of 2016:
- Eleven had assets of less than $10 million;
- Nine had assets between $10 million and $50 million;
- Four had assets between $50 million and $250 million; and
- One had assets greater than $250 million.
Four of the late-filing credit unions had been late in a previous quarter.
Read the press release.
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