WASHINGTON — The NCUA today placed Center Valley Federal Credit Union of Wheeling, West Virginia, into liquidation.
The credit union is "insolvent and has no prospects for restoring viable operations," the agency said in a statement.
At the time of liquidation, the credit union served 3,150 members and had deposits of approximately $8 million. This is the second federally insured credit union to close in 2009.
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