<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Bank-Implode! &#187; CREDIT UNION CONSERVATORSHIPS</title>
	<atom:link href="http://bankimplode.com/blog/category/credit-union-conservatorships/feed/" rel="self" type="application/rss+xml" />
	<link>http://bankimplode.com/blog</link>
	<description></description>
	<lastBuildDate>Sat, 20 Mar 2010 00:04:26 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.1</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>First Delta Federal Credit Union</title>
		<link>http://bankimplode.com/blog/2009/10/23/first-delta-federal-credit-union/</link>
		<comments>http://bankimplode.com/blog/2009/10/23/first-delta-federal-credit-union/#comments</comments>
		<pubDate>Sat, 24 Oct 2009 00:42:50 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=3386</guid>
		<description><![CDATA[While the FDIC was busy closing its 106 bank on the year the National Credit Union Administration (NCUA) placed First Delta Federal Credit Union placed First Delta Credit Union of Marks, Mississippi, into conservatorship.
The National Credit Union Administration assumed control of operations at First Delta Federal Credit Union of Marks, Mississippi. The National Credit Union Administration’s [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2009/10/23/first-delta-federal-credit-union/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Keys Federal Credit Union of Key West, Florida</title>
		<link>http://bankimplode.com/blog/2009/09/24/keys-federal-credit-union-of-key-west-florida/</link>
		<comments>http://bankimplode.com/blog/2009/09/24/keys-federal-credit-union-of-key-west-florida/#comments</comments>
		<pubDate>Thu, 24 Sep 2009 23:36:27 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=3269</guid>
		<description><![CDATA[Following in the footsteps of two recent credit union closures, NCUA took into voluntary conservatorship Keys Federal Credit Union of Key West, Florida.
The NCUA placed Keys Federal Credit Union of Key West, Florida into conservatorship today.
The 13,000-member credit union with assets of $180,000, had a 22.5% decline in assets during the second quarter of this year
As [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2009/09/24/keys-federal-credit-union-of-key-west-florida/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Community One FCU Las Vegas, NV</title>
		<link>http://bankimplode.com/blog/2009/08/12/community-one-fcu-las-vegas-nv/</link>
		<comments>http://bankimplode.com/blog/2009/08/12/community-one-fcu-las-vegas-nv/#comments</comments>
		<pubDate>Wed, 12 Aug 2009 18:57:48 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=2971</guid>
		<description><![CDATA[The NCUA announced today that it had closed down Community One FCU of Las Vegas and its assets and shares were purchased by America First FCU.

America First Federal Credit Union is a full service institution. It has $4.9 billion in assets and serves approximately 495,939 members in and around the state of Utah. Its headquarters [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2009/08/12/community-one-fcu-las-vegas-nv/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Mutual Savings Credit Union, Shelby County, Alabama</title>
		<link>http://bankimplode.com/blog/2009/08/06/mutual-savings-credit-union-shelby-county-alabama/</link>
		<comments>http://bankimplode.com/blog/2009/08/06/mutual-savings-credit-union-shelby-county-alabama/#comments</comments>
		<pubDate>Thu, 06 Aug 2009 22:51:06 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=2964</guid>
		<description><![CDATA[Mutual Savings Credit Union, a Shelby County financial institution with 41,700 members and $192 million in assets, was placed into conservatorship by the Alabama Credit Union Administration on Friday.
The Alabama Credit Union Administration seized the credit union’s operations and relieved the CEO and board of directors of their duties.
Tom Tatum will now oversee the credit [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2009/08/06/mutual-savings-credit-union-shelby-county-alabama/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New Hope Community Development Federal Credit Union</title>
		<link>http://bankimplode.com/blog/2009/07/22/new-hope-community-development-federal-credit-union/</link>
		<comments>http://bankimplode.com/blog/2009/07/22/new-hope-community-development-federal-credit-union/#comments</comments>
		<pubDate>Wed, 22 Jul 2009 22:27:06 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=2961</guid>
		<description><![CDATA[New Hope Community Development Federal Credit Union in Birmingham, Alabama, a federally chartered and federally insured credit union had its operations taken over by the National Credit Union Administration on July 22, 2009
New Hope Community Development Federal Credit Union was originally chartered in 1996 and serves the West End community of Birmingham, Alabama. The credit [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2009/07/22/new-hope-community-development-federal-credit-union/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Valley Credit Union</title>
		<link>http://bankimplode.com/blog/2008/09/03/valley-credit-union/</link>
		<comments>http://bankimplode.com/blog/2008/09/03/valley-credit-union/#comments</comments>
		<pubDate>Wed, 03 Sep 2008 13:49:54 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=283</guid>
		<description><![CDATA[San Jose-based, Valley Credit Union, with $257M in assets, has been placed into conservatorship with the NCUA (the California DFI, however, had acted to intervene).
The NCUA page on the shutdown states that Valley was founded in 1953 and has nearly 26,900 members. Service is uninterrupted under NCUA supervision.
Valley was state-chartered, while being Federally insured, explaining [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2008/09/03/valley-credit-union/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Communities United Credit Union</title>
		<link>http://bankimplode.com/blog/2008/01/21/communities-united-credit-union/</link>
		<comments>http://bankimplode.com/blog/2008/01/21/communities-united-credit-union/#comments</comments>
		<pubDate>Mon, 21 Jan 2008 14:53:21 +0000</pubDate>
		<dc:creator>GRonson</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=23</guid>
		<description><![CDATA[The Kansas Department of Credit Unions Has stepped in to take over the sickly Communities United Credit Union. It will oversee the transfer of 19,000 member accounts to their credit unions. 
Communities United Credit Union serves 1,900 members. The Kansas Department of Credit Unions deemed the credit union to be insolvent and said it &#8220;has [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2008/01/21/communities-united-credit-union/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Huron River Area Credit Union</title>
		<link>http://bankimplode.com/blog/2008/01/21/huron-river-area-credit-union/</link>
		<comments>http://bankimplode.com/blog/2008/01/21/huron-river-area-credit-union/#comments</comments>
		<pubDate>Mon, 21 Jan 2008 14:53:14 +0000</pubDate>
		<dc:creator>GRonson</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=24</guid>
		<description><![CDATA[The NCUA has just announced that the State of Michigan on February 16th has placed Huron River Area Credit Union into Conservatorship under the NCUA.
The $362.6 million Huron River Area Credit Union of Ann Arbor, Mich., which was placed into receivership by its state regulator Feb. 16, is likely to survive once permanent new management [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2008/01/21/huron-river-area-credit-union/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Obelisk Federal Credit Union</title>
		<link>http://bankimplode.com/blog/2008/01/21/obelisk-federal-credit-union/</link>
		<comments>http://bankimplode.com/blog/2008/01/21/obelisk-federal-credit-union/#comments</comments>
		<pubDate>Mon, 21 Jan 2008 14:53:07 +0000</pubDate>
		<dc:creator>GRonson</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=25</guid>
		<description><![CDATA[Obelisk Federal Credit Union was placed into conservatorship today. Unlike most banks Obelisk Federal credit Union&#8217;s problems stem from the credit crunch.  But from insider criminality banks head teller Patricia Sherman. 

As a direct result of SHERMAN’ s embezzlement, the NCUA placed the credit union into conservatorship. After evaluating the viability of the credit [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2008/01/21/obelisk-federal-credit-union/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Peoples First Choice Federal Credit Union</title>
		<link>http://bankimplode.com/blog/2008/01/21/peoples-first-choice-federal-credit-union/</link>
		<comments>http://bankimplode.com/blog/2008/01/21/peoples-first-choice-federal-credit-union/#comments</comments>
		<pubDate>Mon, 21 Jan 2008 14:53:00 +0000</pubDate>
		<dc:creator>GRonson</dc:creator>
				<category><![CDATA[CREDIT UNION CONSERVATORSHIPS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=26</guid>
		<description><![CDATA[Peoples First Choice Federal Credit Union was turned over to federal conservatorship today. the move was voluntary and credit unions, part and all normal operations will continue uninterrupted.
On June 12, 2007, the board of directors of Peoples First Choice Federal Credit Union (PFC FCU) voluntarily consented to conservatorship, accordingly, the National Credit Union Administration (NCUA) [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2008/01/21/peoples-first-choice-federal-credit-union/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
	</channel>
</rss>
