Center Valley Federal Credit Union, $8 million in assets and 3,150 members, is the second federally insured credit to close this year. Four banks were in Illinois, Nebraska, Florida and Oregon. So far, 13 banks and two credit unions have failed in 2009. The members of the Wheeling, WV credit union will be issued checks by the NCUA Asset Management and Assistance Center. The failed bank’s four branches will reopen under Heritage Bank on Tuesday. The Riverside Bank of the Gulf Coast, Cape Coral, FL was closed by the Florida Office of Financial Regulation.”]
Source: https://www.cuinfosecurity.com/five-banking-institutions-closed-by-feds-a-1211