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NCUA Releases Rapid City Telco Federal Credit Union from Cease and Desist Order

ALEXANDRIA, Va. (Feb. 25, 2014) – The National Credit Union Administration announced today it has released Rapid City Telco Federal Credit Union of Rapid City, S.D., from a cease and desist order dated Feb. 25, 2010.

NCUA enforcement orders are available online here and available for inspection at NCUA’s Office of General Counsel between 9 a.m. and 4 p.m. Eastern, Monday through Friday. Copies are also available by writing to the National Credit Union Administration, 1775 Duke St., Alexandria, VA 22314-3428.

NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 101 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. At and Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.


National Credit Union Administration

Office of Public & Congressional Affairs



John Fairbanks
Office: 703.518.6336
Mobile: 571.438.0801

Ben C. Hardaway
Office: 703.518.6333
Mobile: 703.298.5223

Kenzie Snowden
Office: 703.518.6334

"Protecting credit unions and the consumers who own them through effective regulation"