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
First Kingdom Community FCU Placed Under NCUA Conservatorship
ALEXANDRIA, Va. (5/17/13)--First Kingdom Community FCU, Selma, Ala., has been taken under conservatorship, the National Credit Union Administration (NCUA) announced Thursday.

The NCUA said it will work to resolve safety and soundness issues at the 76-member, $88,400 asset credit union.

First Kingdom was chartered in 2007 and serves those who live, work, worship, or attend school in Dallas County, Ala.; businesses and other legal entities located in the county; spouses of persons who died while within First Kingdom's field of membership; employees of the credit union; volunteers in the community; members' immediate family or household; and organizations of such persons.

Members will not be able to conduct business at the credit union for the time being, but the NCUA said it is working on a solution to this issue.

For the full NCUA release, use the resource link.
Other Resources

NCUA Release
RSS





print
News Now LiveWire
.@NACHAOnline report: ACH volume increases to 23B payments in 2014 http://t.co/va2WYMh4Zv
1 day ago
.@CUNA's @HampelBill in @washingtonpost on options for wary mortgage borrowers: http://t.co/CPSgTNgwmm
3 hours ago
Housing starts thaw, mortgage rates stand pat #Market #NewsNow http://t.co/hhPj5v5AH3
4 hours ago
.@CUNA files #RBC2 comment, urges #CU system to be heard #NewsNow http://t.co/yfoZHAMlZc
4 hours ago
#NewsNow Youth Month attracts 100,000th member for Mich. CU http://t.co/cgF5o83XlK
4 hours ago