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
.@MECreditUnions announces winner of @YoungFreeME #SoundOff contest. @Sassquatch_Band will play Old Port Festival in June @PDD_Downtown
2 hours ago
House Financial Services Com. to hold March 3 hearing to receive the semi-annual report of @CFPB Director Richard Cordray.
3 hours ago
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
4 hours ago
You can get your subscription to @cuna 's free, daily, online #creditunion #news service News Now here: http://t.co/YtUejEmAYP
4 hours ago
CCUA hosts @TheNASCUS college for #creditunion directors http://t.co/CftpSXDKWx
7 hours ago