The bogus checks were deposited in an OCFCU
bank account at a local bank that the credit union's official checks were drawn upon.
High dependence on donor-funded projects: With the exception of OCFCU
in Ethiopia, the apex farmer organisations are significantly dependent on donor-funded projects, which affected the application of the innovation triangle approach, which was business-oriented, and prevented it achieving its full potential.
On June 28, 2013, the NCUA liquidated the $9.25 million OCFCU
stating in a release it had determined the credit union was insolvent and had no prospect for restoring viable operations.
In 1999, the Oromia Coffee Farmers Cooperative Union (OCFCU
) was established to link 35 cooperatives, representing 23,000 members.