NCUA Places Empire Financial Federal Credit Union Into Conservatorship
May 25, 2021
May 25, 2021
ALEXANDRIA, Virginia, May 25 -- The National Credit Union Administration issued the following news release on May 24, 2021:
The National Credit Union Administration today placed Empire Financial Federal Credit Union in Jackson, New Jersey, into conservatorship.
A conservatorship is an authorized action under the Federal Credit Union Act where the NCUA Board is appointed to take possession and control of an insured credit union to conserve the credit union's assets, prot . . .
The National Credit Union Administration today placed Empire Financial Federal Credit Union in Jackson, New Jersey, into conservatorship.
A conservatorship is an authorized action under the Federal Credit Union Act where the NCUA Board is appointed to take possession and control of an insured credit union to conserve the credit union's assets, prot . . .