NCUA Media Release

Free Choice Federal Credit Union Liquidated; Members Now Served by Trumark Financial Credit Union

August 28, 2009, Alexandria, Va. – The National Credit Union Administration (NCUA) today liquidated Free Choice Federal Credit Union (Free Choice) in Feasterville, Pennsylvania. Its members’ share accounts were purchased and assumed by Trumark Financial Credit Union of Trevose, Pennsylvania, providing Free Choice members with uninterrupted credit union service.

Chartered in 1955, liquidated Free Choice had assets of more than $326,000, and it served over 400 members from 20 select groups.

The National Credit Union Administration is the independent federal agency that charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, operates the National Credit Union Share Insurance Fund (NCUSIF), insuring the savings of more than 90 million members in all federal credit unions and many state-chartered credit unions. NCUA operations are funded by credit unions, not tax dollars.

- NCUA -