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Wisconsin Credit Union Closed

First American Credit Union had $136.9 million in assets at its closure. It is the 15th credit union to close in 2010. First Community Federal Credit Union of Parchment, Mich., has agreed to assume the assets and liabilities. The number of failed institutions in Wisconsin has risen to 133 so far in 2010, the most recently in the U.S. Credit Union Administration says it has been appointed liquidating agent of the Wisconsin Office of Credit Unions’ liquidation agent. The closure brings the number of credit union closures in Wisconsin to 133.”]

Source: https://www.cuinfosecurity.com/wisconsin-credit-union-closed-a-2897

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