Community One Federal Credit Union was a Las Vegas, Nevada based state chartered credit union.
| Company type | Credit union |
|---|---|
| Industry | Financial services |
| Founded | 1960 |
| Defunct | 2009 |
| Headquarters | Las Vegas, Nevada, United States |
Number of locations | 5 |
Area served | Clark County, Nevada |
| Products | Savings; checking; consumer loans; mortgages; credit cards |
| Total assets | $159 million (at 2009 close) |
Number of employees | 66[1] |
America First Federal Credit Union acquired Community One Federal Credit Union on August 12, 2009, following its closure by the National Credit Union Administration.[2] At the time of closing, the credit union served 21,098 members.[3] Community One was the second credit union to close in Clark County, Nevada, during 2009.[4]
Failure edit
The credit union failed following extensive losses driven by the local economic problems.[5]
Notes edit
- ^ "A Short History Of Community One Federal Credit Union". Archived from the original on March 4, 2016. Retrieved September 29, 2010.
- ^ "Community One FCU Closes, Members Now Served by America First FCU". Tradewind, Inc. Archived from the original on September 29, 2011. Retrieved September 29, 2010.
- ^ "Community One FCU Closes, Members Now Served by America First FCU" (Press release). National Credit Union Administration. August 12, 2009. Archived from the original on August 15, 2009. Retrieved 2010-09-30.
- ^ Steve Green (November 14, 2009). "Ensign Federal Credit Union fails". Las Vegas Sun. Retrieved 2010-09-30.
- ^ Steve Green (Aug 12, 2009). "Regulators close credit union with local branches". Las Vegas Sun. Retrieved 2010-09-30.