Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Mayfair FCU Placed Under NCUA Conservatorship
ALEXANDRIA, Va. (11/4/13)--Mayfair FCU, Philadelphia, Pa., was placed under National Credit Union Administration conservatorship on Friday.

The agency will work to resolve safety and soundness issues at the 1,527 member, $14.3 million asset credit union during the conservatorship. Normal member services at the main office at 2844 St. Vincent St. in Philadelphia will continue uninterrupted, but the credit union's branch at 2645 Orthodox St. in Bridesberg, Pa., will be closed, the NCUA said.

Chartered in 1936, Mayfair FCU serves a low-income community in Philadelphia. It is the fourth federally insured credit union placed into conservatorship this year.

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

NCUA Release
RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
8 hours ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
9 hours ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
9 hours ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
10 hours ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
11 hours ago