N&W Poca Division Federal Credit Union
October 3, 2008 – 5:54 pmN&W Poca Division Federal Credit Union of Bluefield, West Virginia, became Unlucky Credit Union number 13 when the National Credit Union Administration (NCUA) placed it into liquidation on October 3.
NCUA liquidated N&W Poca Division Federal Credit Union, which had assets of $6 million and 1,194 members. Its latest financial report indicated that its assets declined 30.7% in the second quarter of 2008 and its loan income fell 7.2%.
At the time of liquidation, N&W Poca Division Federal Credit Union served 1,194 members and had assets of approximately $6M.
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