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Free Choice Federal Credit Union Liquidated; Tenth Credit Union To Close in 2009

Free Choice Federal Credit Union is the 10th credit union and 91st financial institution to fail this year. The National Credit Union Administration shut the Feasterville, Pa., credit union. Free Choice had assets of $326,000 and served 400 members. Trumark Financial Credit Union of nearby Trevose, Pa. is a $1.25 billion credit union with 91,000 members. The NCUA says the liquidation was taken to protect member assets while addressing operational issues.”]

Source: https://www.cuinfosecurity.com/free-choice-federal-credit-union-liquidated-tenth-credit-union-to-close-in-2009-a-1737

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