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 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
Maine credit unions put Food Mobile on the road to relieving hunger in rural areas http://t.co/R0xpt6BAZE
14 hours ago
.@TheNCUA's Matz: PALS should be exempt from Military Lending Act proposal #NewsNow http://t.co/Vy9uNhOIEr
14 hours ago
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
17 hours ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
18 hours ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
19 hours ago