Closed Board Meeting – November 16, 2017

November 2017
Closed Board Meeting – November 16, 2017

The NCUA Board ordered the involuntary liquidation of Riverdale Credit Union, Selma, Alabama.

The NCUA Board also considered a supervisory action, which remain confidential at this time.

The 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 account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. At MyCreditUnion.gov, the NCUA also educates the public on consumer protection and financial literacy issues.

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

Last modified on
07/31/19