Archive for December, 2011

Birmingham Financial Federal Credit Union (BFFCU) of Birmingham, Alabama

Tuesday, December 20th, 2011

Birmingham Financial Federal Credit Union (BFFCU) of Birmingham, Alabama, was the 15ht credit union to be liquidated by the National Credit Union Administration (NCUA) this year. The National Credit Union Administration (NCUA) liquidated Birmingham Financial Federal Credit Union (BFFCU) of Birmingham, Alabama today. ēCO Credit Union of Birmingham, Alabama immediately ...

Western National Bank, Phoenix, Arizona

Friday, December 16th, 2011

Western National Bank, Phoenix, Arizona,  is the 92nd FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $37.6 million. Western National Bank, Phoenix, Arizona, was closed today by the Office of the Comptroller of the Currency, which ...

Premier Community Bank of the Emerald Coast, Crestview, Florida

Friday, December 16th, 2011

Premier Community Bank of the Emerald Coast, Crestview, Florida, becomes the 91st FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $31.2 million. Premier Community Bank of the Emerald Coast, Crestview, Florida, was closed today by the ...

O.U.R. Federal Credit Union in Eugene, Oregon

Monday, December 5th, 2011

O.U.R. Federal Credit Union in Eugene, Oregon, was liquidated by the National Credit Union Administration (NCUA). The NCUA said Friday night that it had liquidated the $4.25 million O.U.R. Federal Credit Union in Eugene, Ore., and sold “certain … assets and member shares” to the $675 million Northwest Community CU ...