conservatorships

• NCUA Conserves Tiny Alabama Credit Union

  By Heather Anderson  |  May 17, 2013

  Chartered in 2007, First Kingdom Community FCU of Selma has 76 members, assets of $88,400 and no loans outstanding.

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  AEA FCU Back From the Brink

  By Michelle A. Samaad  |  February 13, 2013

  Two years ago, AEA Federal Credit Union’s future looked bleak as it nearly succumbed to the greed of a lending officer who took the cooperative to the brink of collapse.

• Compensation Drains NCP Community’s Net Worth; NCUA Moves In

  By Heather Anderson  |  February 8, 2013

  Norfolk, Va., credit union paid three times in operating expenses what it made in gross income in 2012.

• AEA FCU Names Brian Mendivil Interim CEO

  By Michelle A. Samaad  |  February 8, 2013

  Mendivil had been serving as executive vice president of the conserved Arizona credit union for the past two years.

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  AEA FCU Back From the Brink: Print Preview

  By Michelle A. Samaad  |  February 7, 2013

  This in-depth look at a conserved and now recovering Arizona credit union is a preview from next week's print edition of Credit Union Times.

• Arrowhead Reports Net Worth Jump

  By Heather Anderson  |  February 6, 2013

  The $700 million Arrowhead Credit Union, still under NCUA control after its June 2010 conservatorship, reported 10.53% net worth as of 2012 year end, the NCUA said last week.

• NCUA Bans Three Former CU Executives

  By Heather Anderson  |  January 31, 2013

  Former Arizona, Massachusetts, Rhode Island credit union executives hit with prohibitions.

• NCUA-Controlled Arrowhead Reports 10.53% Net Worth and $25.5 Million 2012 Profit

  By Heather Anderson  |  January 28, 2013

  California credit union was seized in June 2010, remains under conservatorship.

• NCUA Reports Improved Financials at Conserved Texans and Keys

  By Heather Anderson  |  January 24, 2013

  Texans CU in Dallas and Keys FCU in Florida on the mend, agency says.

• Chetco FCU Liquidated, Assets Split Between CUs in Oregon and California

  By Heather Anderson  |  December 28, 2012

  Pacific Coast border community credit union shut down after 15 months in conservatorship.