Shreveport FCU Closed, Members and Most Shares and Loans Assumed by Red River Employees FCU "Credit News 24"

The National Credit Union Administration on October 2 liquidated Shreveport Federal Credit Union of Shreveport, Louisiana. Red River Employe...

Indirect Used Car Lending Contributed to the Failure of Valley State Credit Union "Credit News 24"

It appears that a rapid growth in indirect used car lending played a significant role in the failure of Valley State Credit Union (Saginaw, ...

Florida Conference AME Church FCU Closed "Credit News 24"

The National Credit Union Administration (NCUA) liquidated Florida Conference AME Church (FCAMEC) Federal Credit Union of Tallahassee, Flori...

Bad Taxi Medallion Loans Pushes Melrose CU into Conservatorship "Credit News 24"

The New York State Department of Financial Services today took possession of Melrose Credit Union, located in Briarwood, New York, and appoi...

First African Baptist FCU Closed, American Heritage FCU Assumes Members and Deposits "Credit News 24"

The National Credit Union Administration liquidated First African Baptist Church Federal Credit Union of Sharon Hill, Pennsylvania. American...