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Tag Archives: National Credit Union Administration

NCUA gives approval for new credit union charter

MCCOMB — The National Credit Union Administration has approved a charter for First Unity Federal Credit Union of McComb. NCUA board chairman Debbie Matz said in a news release yesterday that First Unity will primarily serve people in Pike, Walthall and Amite counties in southwest Mississippi. The three counties had a population of 68,978 in the 2010 census. Matz says ...

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Keesler Credit Union gaining stake in Jackson with MDOT CU acquisition

Keesler Federal Credit Union, a $2.1 billion Biloxi-based member institution, has set the stage for entry into the metro Jackson market with acquisition of the $4.8 million Mississippi Department of Transportation Federal Credit Union. The deal closed March 31. Convergence of the operations is to be completed by June 30. Both non-profit entities were among Mississippi’s earliest credit unions, with ...

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Credit union regulators weigh next step for failed Valued Members

By Ted Carter National Credit Union Administration regulators who took over troubled Valued Members Federal Credit Union’s Jackson, Canton and Lena locations Wednesday say they hope the $9 million institution can be returned to the control of its members. The alternative is to arrange a transfer of the assets of the 2,030-member credit union to another credit union willing to ...

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