Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NCUA liquidates tiny Friendship Community FCU
ALEXANDRIA, Va. (2/26/10)—Clarksdale, Miss.-based Friendship Community FCU on Thursday was liquidated by the National Credit Union Administration (NCUA) due to its “declining financial condition.” Friendship FCU’s members and assets, which totaled 685 and $861,696, respectively, as well as its shares, will be taken on by Shreveport FCU. Friendship is the second federally-backed credit union to be shuttered in 2010. Shreveport, which has four Louisiana-based locations, currently serves 14,500 members nationwide and holds $76 million in assets.


RSS print
News Now LiveWire
.@Fiserv renews $250K benefactor commitment to @fileneresearch #NewsNow #System http://t.co/tRrfmLNv0n
28 minutes ago
#NewsNow Debit card use wanes due to security fears http://t.co/RK6WolpxpT
1 hours ago
Are consumers bailing on cards, going back to using cash? via @CrainsChicago http://t.co/PrZLjA4zUv
1 hours ago
Will shoppers avoid data-breached retailers this holiday season? #NewsNow #creditunions http://t.co/nzI44BX2sq
1 hours ago
Krebsonsecurity reported 10/14 banks said they ID'ed pattern of credit/debit card fraud & several Staples locations may be dealing w/breach.
1 hours ago