Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NCUA shutters Calif.s Certified FCU
ALEXANDRIA, Va. (8/3/10)--The 8,850 members of $37.6 million in assets Certified FCU will now be served by Vons Employees FCU after the National Credit Union Administration (NCUA) officially liquidated Certified FCU on Saturday. Certified FCU, which was based in Commerce, Calif., was closed due to it’s declining financial condition, according to the NCUA. Vons is centered in nearby El Monte and holds $332 million in assets from 40,500 members spread throughout the greater Los Angeles area. Vons primarily serves employees of Vons supermarkets. All Certified FCU member accounts will continue to be backed by the National Credit Union Share Insurance Fund, the NCUA added. Certified FCU is the 12th federally insured credit union to be liquidated this year. For the full NCUA announcement, use the resource link.
Other Resources

RSS





print
News Now LiveWire
Sony hack linked to N. Korea, says U.S.intelligence via @nytimes http://t.co/fE3PtMgEFz
2 hours ago
.@CUNAMutualGroup Klewin shares final thoughts, forecast on lending regulations with @cumagazine before retiring http://t.co/v78QY3QwqB
5 hours ago
Current @CUNA COO @JillTomalin promoted to deputy chief of staff
6 hours ago
#CU Effect:@ChartwayFCU 'branch of the future' 2 benefit members, staff. 2nd installment of new News Now series here:http://t.co/ImBY4nupEj
7 hours ago
U.K. regulators have given formal authorization for the @c_of_e to form a #creditunion.
7 hours ago