Failed credit unions list: 2012-2020

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National Credit Union Administration (NCUA) credit unions have only had two conservatorships/liquidations in 2020.This is fewer than the number of Federal Deposit Insurance Corp. (FDIC) bank failures this year. But both types of financial institutions have seen a low number of failures compared with past years.A credit union that resolves its operational problems can return to its status as member ownership, according to the NCUA. Conservatorships can merge with another NCUA credit union or it can be liquidated by the NCUA.The below list consists of NCUA conservatorships and liquidations. They are conservatorships, mergers with NCUA assistance, voluntary liquidations and involuntary liquidations between 2012 and 2020.The NCUA both operates and manages the National Credit Union Share Insurance Fund (NCUSIF), which like the Federal Deposit Insurance Corp. (FDIC), is backed by the the full faith and credit of the U.S. government. The standard share insurance coverage amount is $250,000, according to the NCUA. This is per share owner, per NCUA credit union, for each ownership category.To find more information on checking and savings accounts, research credit unions in your area.2012-2020 credit union conservatorships and liquidations Conservatorships

Credit Union
Date closed
Status

Southern Pine Credit Union, Valdosta, GA
06/11/2020
Active

Municipal Credit Union, New York
05/17/2019
Active

Mid East Tennessee Community Credit Union, Decatur, TN
04/23/2019
Merged

Beverly Bus Garage Federal Credit Union, Chicago
03/14/2018
Merged

Ukrainian Future Credit Union, Warren, MI
02/23/2018
Merged

Louisville Metro Police Officers Credit Union, Louisville, KY
12/15/2017
Closed

LOMTO Federal Credit Union, Woodside, NY
06/26/2017
Closed

Citizens Community Credit Union, Devils Lake, ND
06/23/2017
Merged

Riverdale Credit Union, Selma, AL
06/22/2017
Closed

Community United Federal Credit Union, Waycross, GA
04/20/2017
Merged

Shreveport Federal Credit Union, Shreveport, LA
04/13/2017
Closed

Melrose Credit Union, Briarwood, NY
02/10/2017
Closed

Valley State Credit Union, Saginaw, MI
11/09/2016
Closed

Cory Methodist Church Credit Union, Cleveland
02/04/2016
Merged

Clarkston Brandon Community Credit Union, Clarkston, MI
01/13/2016
Merged

Helping Other People Excel Federal Credit Union, Jackson, NJ
11/20/2015
Closed

Montauk Credit Union, New York
09/18/2015
Merged

Bethex Federal Credit Union, Bronx, NY
09/18/2015
Closed

New Bethel Federal Credit Union, Portsmouth, VA
04/30/2015
Closed

Montgomery County Credit Union, Dayton, OH
04/23/2015
Merged

Health One Credit Union, Detroit
05/16/2014
Closed

Parsons Pittsburg Credit Union, Parsons, KS
01/24/2014
Closed

Bagumbayan Credit Union, Chicago
12/12/2013
Closed

Mayfair Federal Credit Union, Philadelphia
11/01/2013
Closed

PEF Federal Credit Union, Highland Heights, OH
06/21/2013
Closed

First Kingdom Community Credit Union, Selma, AL
05/16/2013
Closed

NCP Community Development Federal Credit Union, Norfolk, VA
02/08/2013
Closed

Trinity Credit Union, Trinidad, CO
07/27/2012
Merged

Telesis Community Credit Union, Chatsworth, CA
03/23/2012
Closed

A M Community Credit Union, Kenosha, WI
02/17/2012
Closed

People for People Development Credit Union, Philadelphia
01/06/2012
Closed

Mergers with NCUA assistance

Credit Union
Date closed
Status

Bay Ridge Federal Credit Union, Brooklyn, NY
10/01/2018
Merged

Good Street Baptist Church Federal Credit Union, Dallas
11/30/2017
Merged

Eaton Employees Credit Union, Spencer, IA
11/30/2017
Merged

Tri-Rivers Federal Credit Union, Montgomery, AL
10/31/2017
Merged

MADCO Credit Union, Edwardsville, IL
08/31/2017
Merged

Love Gospel Assembly Federal Credit Union, Bronx, NY
07/31/2017
Merged

Anchor Seven Federal Credit Union, Jacksonville, FL
11/01/2016
Merged

Cory Methodist Church Credit Union, Cleveland
09/01/2016
Merged

Immanuel Baptist Church Federal Credit Union, New Haven, CT
08/17/2016
Merged

Community Trust Federal Credit Union, Apopka, FL
01/01/2016
Merged

Northwest Baptist Credit Union, Seattle
10/01/2015
Merged

Quemado Federal Credit Union, Quemado, TX
09/30/2015
Merged

65 Family Federal Credit Union, New York
07/01/2015
Merged

Kolmar NY Employees Federal Credit Union, Port Jervis, NY
07/01/2015
Merged

New Mexico Correctional Employees Federal Credit Union, Santa Fe, NM
02/01/2015
Merged

Macon County School Employees Federal Credit Union, Decatur, IL
08/31/2014
Merged

Tombstone Federal Credit Union, Tombstone, AZ
05/01/2014
Merged

Oldham Family Alliance Federal Credit Union, Baltimore
03/31/2014
Merged

Union Settlement Federal Credit Union, New York
03/14/2014
Merged

Jayhawk Federal Credit Union, Lawrence, KS
02/28/2014
Merged

S J H Employees’ Credit Union, Springfield, IL
12/01/2013
Merged

Southside Credit Union, San Antonio
11/30/2013
Merged

Greater Oregon Federal Credit Union, Burns, OR
08/05/2013
Merged

Zane Trace Federal Credit Union, Zanesville, OH
06/30/2013
Merged

El Barrio Federal Credit Union, New York
11/16/2012
Merged

CR Community First, Eagle Butte, SD
09/04/2012
Merged

Branch 825 NALC Credit Union, Oak Brook, IL
06/30/2012
Merged

California Pacific Federal Credit Union, Concord, CA
05/24/2012
Merged

C.D. Federal Credit Union, Concord, CA
05/24/2012
Merged

H.A.A. Federal Credit Union, Houston
03/31/2012
Merged

H.B.E. Credit Union, Seward, NE
02/26/2012
Merged

Kunia Federal Credit Union, Waipahu, HI
01/06/2012
Merged

Voluntary liquidations

Credit Union
Date closed
Status

New Bethel Federal Credit Union, Portsmouth, VA
08/05/2015
Closed

Bagumbayan Credit Union, Chicago
01/21/2014
Closed

First Kingdom Community Federal Credit Union, Selma, AL
05/31/2013
Closed

Involuntary liquidations

Credit Union
Date closed
Status

IBEW Local Union 712 Federal Credit Union, Beaver, PA
05/29/2020
Active

CBS Employees Federal Credit Union, Studio City, CA
03/29/2019
Closed

Radio, Television and Communication Federal Credit Union, Staten Island, NY
10/12/2018
Closed

LOMTO Federal Credit Union, Woodside, NY
09/30/2018
Closed

Melrose Credit Union, Briarwood, NY
08/31/2018
Closed

Greater Christ Baptist Church Credit Union, Detroit
07/31/2018
Closed

Louisville Metro Police Officers Credit Union, Louisville, Kentucky
06/29/2018
Closed

First Jersey Credit Union, Wayne, NJ
02/28/2018
Closed

St. Elizabeth’s Credit Union, Chicago
01/30/2018
Closed

Riverdale Credit Union, Selma, AL
12/04/2017
Closed

New York State Employees Federal Credit Union, NY
10/27/2017
Closed

Shreveport Federal Credit Union, Shreveport, LA
10/02/2017
Closed

Valley State Credit Union, Saginaw, MI
03/31/2017
Closed

Florida Conference AME Church (FCAMEC) Federal Credit Union, Tallahassee, FL
03/17/2017
Closed

First African Baptist Church Federal Credit Union, Sharon Hill, PA
11/29/2016
Closed

Servco Federal Credit Union, Bensalem, PA
04/05/2016
Closed

Cardozo Lodge Federal Credit Union, Bensalem, PA
04/05/2016
Closed

Chester Upland School Employees Federal Credit Union, Chester, PA
04/05/2016
Closed

Triangle Interests % Service Center Federal Credit Union, Bensalem, PA
04/05/2016
Closed

Electrical Inspectors Federal Credit Union, Bensalem, PA
04/05/2016
Closed

O P S EMP Federal Credit Union, Bensalem, PA
04/05/2016
Closed

Veterans Health Administration Credit Union, Detroit
03/29/2016
Closed

Education Associations Federal Credit Union, Washington, DC
03/04/2016
Closed

Mildred Mitchell-Bateman Hospital Federal Credit Union, Huntington, WV
02/24/2016
Closed

CTK Credit Union, Milwaukee
02/05/2016
Closed

First Hawaiian Homes Federal Credit Union, Hoolehua, HI
12/29/2015
Closed

Bethex Federal Credit Union, Bronx, New York
12/18/2015
Closed

Greater Abyssinia Federal Credit Union, Cleveland
12/01/2015
Closed

Helping Other People Excel Federal Credit Union, Jackson, NJ
11/20/2015
Closed

SWC Credit Union, Tampa, FL
09/24/2015
Closed

SCICAP Credit Union, Chariton, IA
08/28/2015
Closed

Lakeside Federal Credit Union, Hammond, IN
07/16/2015
Closed

Trailblazer Federal Credit Union, Washington, PA
07/10/2015
Closed

TLC Federal Credit Union, Tillamook, OR
04/30/2015
Closed

North Dade Community Development Federal Credit Union, Miami Gardens, FL
03/31/2015
Closed

American Bakery Workers Federal Credit Union, Philadelphia
01/30/2015
Closed

Health One Credit Union, Detroit
12/12/2014
Closed

Metropolitan Church of God Credit Union, Detroit
12/03/2014
Closed

County & Municipal Employees Credit Union, Edinburg, TX
10/10/2014
Closed

Republic Hose Employees Federal Credit Union, Youngstown, OH
09/30/2014
Closed

Louden Depot Community Credit Union, Fairfield, IA
09/05/2014
Closed

IBEW Local 816 Federal Credit Union, Paducah, KY
07/10/2014
Closed

Life Line Credit Union, Richmond, VA
05/23/2014
Closed

Mayfair Federal Credit Union, Philadelphia
03/31/2014
Closed

Parsons Pittsburg Credit Union, Parsons, KA
03/21/2014
Closed

St. Francis Campus Credit Union, Little Falls, MI
02/14/2014
Closed

Polish Combatants Credit Union, Bedford, OH
11/22/2013
Closed

Craftsman Credit Union, Detroit
09/06/2013
Closed

Taupa Lithuanian Credit Union, Cleveland. OH
07/15/2013
Closed

PEF Federal Credit Union, Highland Heights, OH
07/01/2013
Closed

Ochsner Clinic Federal Credit Union, New Orleans
06/28/2013
Closed

NCP Community Development Federal Credit Union, Norfolk, VA
05/31/2013
Closed

Electrical Workers #527 Federal Credit Union, Texas City, TX
05/23/2013
Closed

Lynrocten Federal Credit Union, Lynchburg, VA
05/03/2013
Closed

Shiloh of Alexandria Federal Credit Union, Alexandria, VA
04/12/2013
Closed

I.C.E. Federal Credit Union, Inglewood, CA
03/15/2013
Closed

Pepsi Cola Federal Credit Union, Buena Park, CA
03/15/2013
Closed

Amez United Credit Union, Detroit
02/19/2013
Closed

New Covenant Missionary Baptist Church Credit Union, Milwaukee
01/07/2013
Closed

Chetco Federal Credit Union, Harbor, OR
12/31/2012
Closed

Olean Federal Credit Union, Olean, NY
12/17/2012
Closed

G.I.C. Federal Credit Union, Euclid, OH
12/13/2012
Closed

Border Lodge Credit Union, Derby, VT
11/30/2012
Closed

Women’s Southwest Federal Credit Union, Dallas
10/31/2012
Closed

U.S. Central Bridge Corporate Federal Credit Union, Lenexa, KS
10/29/2012
Closed

El Paso’s Federal Credit Union, El Paso, TX
09/28/2012
Closed

United Catholic Credit Union, Temperance, MI
08/09/2012
Closed

A M Community Credit Union, Kenosha, WI
08/01/2012
Closed

Western Bridge Corporate Federal Credit Union, San Dimas, CA
07/06/2012
Closed

Telesis Community Credit Union, Chatsworth, CA
06/01/2012
Closed

Wausau Postal Employees Credit Union, Wausau, WI
05/18/2012
Closed

Shepherd’s Federal Credit Union, Charlotte, NC
03/26/2012
Closed

Saguache County Credit Union, Moffat, CO
03/23/2012
Closed

People for People Community Development Credit Union (CDCU), Philadelphia
02/19/2012
Closed

Eastern New York Federal Credit Union, Napanoch, NY
01/27/2012
Closed

Learn more:
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