Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
NCUA liquidates Orange County Employees CU
ALEXANDRIA, Va. (6/11/10)--The National Credit Union Administration (NCUA) on Thursday began the process of liquidating the $1.7 million asset Orange County Employees CU. In a release, the NCUA said that the Orange, Texas-based credit union, which served 1,000 members, was shuttered by the Texas Credit Union Department, due to its deteriorating financial condition. The assets and members of Orange County have been taken on by Orange, Texas’ Sabine FCU, which currently holds $150 million in assets from 150,000 members. Sabine’s membership is spread throughout Orange County, as well as neighboring Hardin and Jefferson Counties. Orange County is the ninth credit union to be liquidated in 2010.
Other Resources

RSS





print
News Now LiveWire
#Consumersentiment highest in 11 years @Umich January survey http://t.co/64ORm6b0Fc
3 hours ago
#creditunions teach #college students how to handle the plastic http://t.co/SYy24PSQmn
4 hours ago
How you might change how you bank in 2015 @Bankrate http://t.co/wRhQsyTvul
4 hours ago
#NewsNow Ohio, Ga. video: Merchants not watching your wallet http://t.co/7jc7rECKSF
5 hours ago
What will a viking raid? Town or your wallet? http://t.co/JJYXXAGk7g @OhioCreditUnion @GCUAGov #StoptheDataBreaches http://t.co/7jc7rECKSF
5 hours ago