Federal and state regulators closed one credit union on Friday, Oct. 29. This closure raises the total number of failed institutions to 161 so far in 2010. TUCU had approximately $11.9 million in assets and served 3,115 members. Numerica Credit Union and Alaska USA Federal Credit Union of Anchorage will assume certain assets and liabilities of Tucu. TucU members will immediately become members of the new credit union. Nucucu members will remain federally insured by the NCUA Insurance Fund.”]
Source: https://www.cuinfosecurity.com/one-credit-union-closed-a-3052