The Resolution Trust Corp. has decided to impose relatively minor penalties on technology outsourcer Fiserv Inc. after the company admitted to ethical lapses over the disposal of assets of a failed Texas thrift.

In May, the RTC charged that Milwaukee-based Fiserv and a joint venture partner had improperly sold $30,000 worth of office furnishings from the failed CitySavings and Loan Association.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.