Jovia Financial Credit Union is a regional credit union with a rapidly expanding presence. Jovia holds assets of $4.37 billion as of the Q3 2023 NCUA Call Report. In March 2022, the credit union.
NCUA liquidates two West Virginia credit unions americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
The National Credit Union Administration took charge of O.F. Toalston Federal Credit Union and Mingo County Education Federal Credit Union regarding concerns of unsafe and unsound business practices.
The National Credit Union Administration shuttered Paducah Teachers Federal Credit Union in Kentucky after it was declared insolvent with no chance for recovery.
Municipal is one of two credit unions to be released from conservatorship this year. It's no small feat the last time it happened was in 2016 but the National Credit Union Administration may have a hard time preventing other troubled institutions from being shuttered or acquired.