The third credit union to close in 2009 was the Rouge Employees Credit Union in Dearborn, MI last Friday. The credit union had $23 million in assets and served 6,200 members. The NCUA arranged for the failed credit union’s members to be served by Chief Financial Federal Credit Union, Pontiac, MI. In addition to the three closed credit unions of 2009, three other credit unions have been placed into conservatorship status since the beginning of the year. The new members will have access to the financial services offered throughout a wide service area.”]
Source: https://www.cuinfosecurity.com/michigans-rouge-employees-credit-union-closes-a-1472