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Craftsman Credit Union Closes, Shares Assumed By Security Credit Union

Tuesday, September 10, 2013 - 7:06 AM
From a September 6th NCUA press release
The Michigan Department of Insurance and Financial Services today liquidated Craftsman Credit Union of Detroit and appointed the National Credit Union Administration (NCUA) as liquidating agent.
 
Security Credit Union of Flint, Mich., immediately assumed Craftsman’s members and deposits, as well as some loans. Security Credit Union is a federally insured, state-chartered credit union. The credit union serves 49,277 members and has assets of $367 million, according to its most recent Call Report.

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Ken TuminKen Tumin5,441 posts since
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