NCUA closures: 5

Here are 5 which were closed since I last posted:

1. Cal State 9 Credit Union in Conservatorship since November 2.
   
2. Green Tree Federal Credit Union closed November 2.
3. Peoples First Choice Federal Credit Union in Conservatorship June 12.
4. Sharebuilders Federal Credit Union closes April 25.
5. Obelisk Federal Credit Union Placed in Conservatorship April 17.

Copyright 2007, DannyHSDad, All Rights Reserved.

Meaning of NCUA and FDIC

"Learning the Finer Meaning of 'Insured': Banks and other institutions offer various guarantees on their investment products."

A good intro on who insures what for how much.

Copyright 2007, DannyHSDad, All Rights Reserved.

Bank 2: Huron River Area Credit Union, Ann Arbor, MI

"Feds take over credit union: Problem at Huron River Area Credit Union not disclosed" [Feb 20, 2007] NCUA takes over a bank in MI.

Copyright 2007, DannyHSDad, All Rights Reserved.