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7 Banks, 1 Credit Union Closed

The National Credit Union Administration placed Phil-Pet Federal Credit Union, located in Pampa, Texas, into liquidation. The failed credit union had $3.7 million in assets and served 765 members. The Gordon Bank, Gordon, Ga., was closed by the Georgia Department of Banking and Finance. Hillcrest Bank, Overland Park, Kan., closed by Kansas Office of the State Bank Commissioner. First Arizona Savings, Scottsdale, Ariz. A FSB, closed by Office of Thriftvision, the FDIC was made receiver.”]

Source: https://www.cuinfosecurity.com/7-banks-1-credit-union-closed-a-3034

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