Claims Funded Week of April 24, 2010

UPDATED THURSDAY APRIL 30TH AT  3:00 P.M.

New Virginia Claim Fundings - We processe this week's batch of Virginia claims today.  ACH payees will receive funds on Friday April 30th.  

Illinois Residual Payments - We processed two straggler Illinois reimbursements. ACH payees will receive funds on Friday April 30th. 

Expect Delays In Fundings - NatLUST has essentially maxed out its present $22 million in BB&T credit lines. BB&T has indicated it is unwilling to keep expanding the line to fund the growth of our Illinois program due to, among other things, the state's poor financial condition. NatLUST is in the process of replacing BB&T and we expect to make an announcement in several weeks on a replacement bank.  

02/04/2010

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