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	<title>Bank-Implode! &#187; CREDIT UNION CONSERVATORSHIPS</title>
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		<title>People for People CDCU, Philadelphia, Pennsylvania</title>
		<link>http://bankimplode.com/blog/2012/01/09/people-for-people-cdcu-philadelphia-pennsylvania/</link>
		<comments>http://bankimplode.com/blog/2012/01/09/people-for-people-cdcu-philadelphia-pennsylvania/#comments</comments>
		<pubDate>Mon, 09 Jan 2012 18:59:31 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=4498</guid>
		<description><![CDATA[People for People CDCU, Philadelphia, Pennsylvania, has the dubious distinction of being the first credit union of the new year to be placed into conservatorship by the National Credit Union Administration (NCUA). The National Credit Union Administration (NCUA) today assumed control of service and operations at People for People Community Development Credit Union (CDCU), a [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Birmingham Financial Federal Credit Union</title>
		<link>http://bankimplode.com/blog/2011/10/30/birmingham-financial-federal-credit-union/</link>
		<comments>http://bankimplode.com/blog/2011/10/30/birmingham-financial-federal-credit-union/#comments</comments>
		<pubDate>Sun, 30 Oct 2011 08:18:42 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=4473</guid>
		<description><![CDATA[Birmingham Financial Federal Credit Union, has been placed into conservatorship by The National Credit Union Administration (NCUA). The NCUA conserved and moved the office of Birmingham Financial FCU on Thursday. The $1.3 million Alabama credit union has experienced a decline in assets and certain key ratios, according to its Financial Performance Report. The 429-member credit union saw [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Chetco Federal Credit Union, Harbor, Oregon</title>
		<link>http://bankimplode.com/blog/2011/09/27/chetco-federal-credit-union-harbor-oregon/</link>
		<comments>http://bankimplode.com/blog/2011/09/27/chetco-federal-credit-union-harbor-oregon/#comments</comments>
		<pubDate>Tue, 27 Sep 2011 13:16:54 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=4436</guid>
		<description><![CDATA[Chetco Federal Credit Union, Harbor, Oregon, is the ninth federally insured credit union to be placed into conservatorship by the National Credit Union Administration (NUCA) during 2011. Federal regulators have taken over the Chetco Federal Credit Union in the town of Harbor, on the Southwest Oregon Coast. The National Credit Union Administration kept Chetco open and [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>O.U.R. Federal Credit Union of Eugene, Oregon</title>
		<link>http://bankimplode.com/blog/2011/06/25/o-u-r-federal-credit-union-of-eugene-oregon/</link>
		<comments>http://bankimplode.com/blog/2011/06/25/o-u-r-federal-credit-union-of-eugene-oregon/#comments</comments>
		<pubDate>Sun, 26 Jun 2011 04:31:31 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=4343</guid>
		<description><![CDATA[O.U.R. Federal Credit Union of Eugene, Oregon, became the eighth federal credit union placed into conservatorship by the National Credit Union Administration (NCUA) this year. The NCUA on Friday conserved O.U.R. Federal Credit Union of Eugene, Ore. and promised to work to resolve issues that impact the financial institution’s safety and soundness. According to the [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2011/06/25/o-u-r-federal-credit-union-of-eugene-oregon/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Borinquen Federal Credit Union Philadelphia, Pennsylvania</title>
		<link>http://bankimplode.com/blog/2011/06/24/borinquen-federal-credit-union-philadelphia-pennsylvania/</link>
		<comments>http://bankimplode.com/blog/2011/06/24/borinquen-federal-credit-union-philadelphia-pennsylvania/#comments</comments>
		<pubDate>Fri, 24 Jun 2011 23:39:15 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=4345</guid>
		<description><![CDATA[Borinquen Federal Credit Union Philadelphia, Pennsylvania,  is the seventh federally insured credit union placed into conservatorship during 2011. The National Credit Union Administration (NCUA) today assumed control of service and operations at Borinquen Federal Credit Union of Philadelphia. While continuing normal member services, NCUA will work to resolve issues affecting the institution’s safety and soundness. Deposits at [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
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		<title>Valued Members Federal Credit Union of Jackson, Mississippi</title>
		<link>http://bankimplode.com/blog/2011/06/01/d-valued-members-federal-credit-union-of-jackson-mississippi/</link>
		<comments>http://bankimplode.com/blog/2011/06/01/d-valued-members-federal-credit-union-of-jackson-mississippi/#comments</comments>
		<pubDate>Wed, 01 Jun 2011 23:38:23 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>
		<category><![CDATA[CREDIT UNION FAILURES]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=4330</guid>
		<description><![CDATA[Valued Members Federal Credit Union of Jackson, Miss., which had been placed into conservatorship by the National Credit Union Administration (NCUA), was purchased today  by Magnolia Federal Credit Union. The $104 million Magnolia Federal Credit Union has purchased the assets of the $9 million Valued Members Federal Credit Union, both of Jackson, Miss., after the NCUA [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Hmong American Federal Credit Union of St. Paul, Minnesota</title>
		<link>http://bankimplode.com/blog/2011/05/04/hmong-american-federal-credit-union-of-st-paul-minnesota/</link>
		<comments>http://bankimplode.com/blog/2011/05/04/hmong-american-federal-credit-union-of-st-paul-minnesota/#comments</comments>
		<pubDate>Wed, 04 May 2011 23:04:32 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=4281</guid>
		<description><![CDATA[Hmong American Federal Credit Union of St. Paul, Minnesota, was placed into conservatorship by the National Credit Union Administration (NCUA) today. The credit union remains open and operating, although services have moved to a new location. While continuing normal member services, NCUA will work to resolve issues affecting the institution’s safety and soundness. Deposits at [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Valued Members Federal Credit Union of Jackson, Mississippi</title>
		<link>http://bankimplode.com/blog/2011/05/04/valued-members-federal-credit-union-of-jackson-mississippi/</link>
		<comments>http://bankimplode.com/blog/2011/05/04/valued-members-federal-credit-union-of-jackson-mississippi/#comments</comments>
		<pubDate>Wed, 04 May 2011 23:01:26 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=4279</guid>
		<description><![CDATA[Valued Members Federal Credit Union of Jackson, Mississippi, was placed into conservatorship by the National Credit Union Administration (NCUA) today. Valued Members Federal Credit Union remains open and operating. While continuing normal member services, NCUA will work to resolve issues affecting the Valued Members Federal Credit Union’s safety and soundness. Deposits at Valued Members Federal [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Texans Credit Union of Richardson, Texas</title>
		<link>http://bankimplode.com/blog/2011/04/15/texans-credit-union-of-richardson-texas/</link>
		<comments>http://bankimplode.com/blog/2011/04/15/texans-credit-union-of-richardson-texas/#comments</comments>
		<pubDate>Sat, 16 Apr 2011 01:35:48 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=4258</guid>
		<description><![CDATA[Texans Credit Union of Richardson, Texas, was put into conservatorship tonight by the National Credit Union Administration (NCUA). The NCUA said Friday night that it had placed Texans Credit Union of Richardson into conservatorship. Texans Credit Union currently has 133,000 members and assets of $1.6 billion. The serves Collin, Dallas, Rockwall, Travis, and Williamson, as [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2011/04/15/texans-credit-union-of-richardson-texas/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Vensure Federal Credit Union, Mesa, Arizona</title>
		<link>http://bankimplode.com/blog/2011/04/15/vensure-federal-credit-union-mesa-arizona/</link>
		<comments>http://bankimplode.com/blog/2011/04/15/vensure-federal-credit-union-mesa-arizona/#comments</comments>
		<pubDate>Sat, 16 Apr 2011 00:22:25 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=4255</guid>
		<description><![CDATA[Vensure Federal Credit Union, Mesa, Arizona, was tag teamed by the National Credit Union Administration (NCUA) and the U.S. Attorney for the Southern District of New York. It seems that Vensure Federal Credit Union was a laundering money for an internet gambling company. Vensure Federal Credit Union booked no loans in 2010 but took in more [...]]]></description>
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		<slash:comments>0</slash:comments>
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