Thursday, August 30, 2018

Vantage Trust FCU Agrees to Settlement over Its Occupancy of Building on Federal Land

Vantage Trust Federal Credit Union (Wilkes Barre, PA) has reached a settlement with the United States over its occupancy of a building on the property of the Wilkes-Barre VA Medical Center after the credit union's license expired.

The United States sued Vantage Trust FCU seeking the removal of the credit union from federal land and to recover money damages.

As part of the settlement, Vantage Trust FCU agreed to turn over the building which previously housed the credit union to the US Department of Veterans Affairs and also to pay to the United States $205,000.

Read the press release.

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