Archive for the ‘CREDIT UNION FAILURES’ Category
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 ...
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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 ...
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Wednesday, November 30th, 2011
BCT Federal Credit Union of Binghamton, N.Y., has been liquidated by the National Credit Union Administration (NCUA) for insolvency.
The National Credit Union Administration (NCUA) liquidated BCT Federal Credit Union of Binghamton, N.Y., today. Visions Federal Credit Union of Endicott, N.Y., immediately assumed BCT Federal Credit Union’s assets, liabilities, and member ...
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Tuesday, July 12th, 2011
Vensure Federal Credit Union of Mesa, Arizona, has been liquidated by the National Credit Union Administration (NCUA) for insolvency.
The National Credit Union Administration (NCUA) liquidated Vensure Federal Credit Union of Mesa, Ariz., today. Member deposits are federally insured by the National Credit Union Share Insurance Fund up to $250,000. ...
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Friday, July 8th, 2011
Borinquen Federal Credit Union Philadelphia, Pennsylvania, which was placed into conservatorship just last month, was shuttered up and shut down for good.
The National Credit Union Administration (NCUA) liquidated Borinquen Federal Credit Union of Philadelphia today. NCUA made the decision to liquidate Borinquen Federal Credit Union and discontinue its operations after determining the credit ...
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Friday, June 24th, 2011
St. James A.M.E. Federal Credit Union, Newark, N.J. became the tenth federally insured credit union liquidation this year.
The National Credit Union Administration (NCUA) liquidated St. James A.M.E. Federal Credit Union of Newark, N.J., today. North Jersey Federal Credit Union of Totowa, N.J., immediately assumed St. James A.M.E. Federal Credit Union’s members.
The accounts of ...
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Friday, June 10th, 2011
BCT Federal Credit Union of Binghamton, N.Y., was shut down today by the national credit Union administration, NCUA.
NCUA took over control of service and operations at BCT Federal Credit Union of Binghamton, N.Y. NCUA says that while continuing normal member services, the regulator will work to resolve issues affecting the ...
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Wednesday, June 1st, 2011
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, ...
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Friday, April 29th, 2011
Utah Central Credit Union, Salt Lake City, Utah, was closed today and it's members will now be served by Chartway Federal Credit Union .
The Utah Department of Financial Institutions today appointed the National Credit Union Administration (NCUA) as the liquidating agent for Utah Central Credit Union of Salt Lake City. Chartway Federal ...
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Wednesday, March 9th, 2011
Land of Enchantment FCU, Santa Fe, N.M.,becomes the fifth credit union to be closed by the National Credit Union Administration (NCUA) this year.
The NCUA liquidated Land of Enchantment FCU, and Guadalupe Credit Union purchased and assumed its assets, liabilities and members.
Land of Enchantment FCU, which was located in Santa Fe, ...
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