WASHINGTON - The drain on deposits in ailing Capital Corporate Federal Credit Union had slowed to a trickle by Friday, five days after the government lifted a freeze on withdrawals.

"We're pleased with the level of withdrawals," said Bob Loftus, director of public and congressional affairs at the National Credit Union Administration, noting that withdrawals had continued to decrease during the week.

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.