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 first new North Carolina charter in 10 years, Shepherd's Federal Credit Union, opened for business this month in Charlotte.
North Carolina has its first new charter in 10 years, the recently opened Shepherd's FCU in Charlotte.
The NCUA chartered its third credit union this year today when it approved the charter for Shepherd's Federal Credit Union, located in Charlotte, N.C.