Michigan Office of Financial Insurance Regulation on Thursday closed the $303,261 United Catholic Credit Union in Temperance, a one-person shop.
The NCUA on Saturday said that Western Bridge Corporate Federal Credit Union has been formally liquidated.
Whether a mid-sized credit union in Colorado or a billion dollar credit union in Philadelphia, the messaging about protecting small town financial services surfaced again last week.
Colorado Springs credit union takes over for liquidated Saguache County institution to ensure financial services to small communities.
The $379,000 Shepherd’s Federal Credit Union in Charlotte, N.C., has been liquidated by the NCUA, about 18 months after it opened its doors to serve a faith-based, low-income membership.
The NCUA on Monday liquidated the 18-month-old, $379,000 Shepherd’s Federal Credit Union in Charlotte, N.C., its fourth such move so far in 2012.
The NCUA said Friday night it has assumed conservatorship of Telesis Community Credit Union in California and liquidated Saguache County Credit Union in Moffat, Colo.
The NCUA on Sunday liquidated the $635,000 People for People Community Development Credit Union in Philadelphia.
The NCUA said Friday night that it had liquidated the $4.25 million O.U.R. Federal Credit Union in Eugene, Ore.
Philadelphia closure follows cease-and-desist order; 11th liquidation by NCUA so far this year.