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 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
Class is in session for Fin. Lit. Day on #capitolhill #NewsNow http://t.co/LuslMaSPlq
22 minutes ago
New website, resources for @cunacouncils http://t.co/926Y7QeDqW http://t.co/2BnZnwOjdU
32 minutes ago
Final field-of-membership rule tops April 30 NCUA agenda http://t.co/gFIhRhUCts
16 hours ago
.@CUNA's @Nussle speaks to @VonnieQuinn about #StoptheDataBreaches and reg. relief. http://t.co/TMTubG9Afk
18 hours ago
RT @NCUFoundation: .The Foundation's @hylandhighway with @NatlJumpStart President/CEO Laura Levine at #FLHillDay2015 today: http://t.co/ep5…
20 hours ago