A small federal credit union that was placed into conservatorship in January 2023, and which apparently has a new management team in place, has been returned to the control of its members, its federal regulator […]
The federal regulator of credit unions placed $10 million-in-assets Butler Heritage Federal Credit Union (FCU), Middletown, Ohio, into conservatorship Friday, the agency said in a release. The National Credit Union Administration (NCUA) said it took […]
The $59 million-in-assets Alliance Credit Union of Florida, Gainesville, Fla., was conserved last week by the state’s financial regulator, with the National Credit Union Administration (NCUA) named conservator. No specific reason for the conservatorship was […]
An Atlanta, Ga.-based credit union that was conserved by the federal credit union regulatory agency Friday showed a nearly $150,000 net loss just in the first quarter and losses of more than half that amount […]
The $6.3 million-assets Yonkers Postal Employees Credit Union of Yonkers, N.Y., was conserved Friday by the state’s financial services department, which appointed the National Credit Union Administration (NCUA) as conservator. The NCUA, announcing the conservatorship, […]
A credit union in Texas that spent nearly two years in conservatorship has been returned to the control of its members, the federal credit union regulator said Friday. The National Credit Union Administration (NCUA) on […]
Federal regulators conserved a $28 million Texas credit union Friday, following findings of unsafe and unsound practices, the agency said. Valwood Park Federal Credit Union (FCU) of Carrollton, Texas, was placed under conservatorship by the […]
The $8 million-in-assets Richmond City Employees Federal Credit Union, Richmond, Ind., was placed in conservatorship Monday by the federal regulator of credit unions, the agency said in a release. The National Credit Union Administration (NCUA), […]
Two federal credit unions – one serving employees of an electric power company, the other serving schools, colleges and universities – were placed in conservatorship Friday by the National Credit Union Administration (NCUA) because of […]
A $43 million, Georgia credit union will soon be back in the hands of its members after being conserved about two years ago, its federal regulator said Tuesday. Southern Pine Credit Union of Valdosta, Ga., […]
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