Friendship Community Federal Credit Union of Clarksdale, Miss.

Friendship Community Federal Credit Union of Clarksdale, Miss.became the second liquidated federally insured credit union of 2010.

The NCUA liquidated the Friendship Commfor friendship community Federal credit Unionunity Federal Credit Union of Clarksdale, Miss. today and its assets were purchased by Shreveport Federal Credit Union of Shreveport, La.

Friendship Community FCU had $860,142 in assets at the end of December, a 2.8% decline since the end of October. Its delinquent loan ratio was 23.47% and it had a negative return on assets. It had 685 members.

Shreveport FCU has $76 million in assets and 14,500 members.

For more information go to the National Credit Union Administration webpage for Friendship Community Federal Credit Union.