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. Read more
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.