DOB: Need Action Federal Credit Union Closes Its Doors

{news} NEWS RELEASE


Federal Credit Union Closes Its Doors

May 20, 2005 -

The Department of Banking has recently become aware that Need Action Federal Credit Union, Inc., located in Waterbury, CT, has shut its doors pursuant to a voluntary liquidation vote by its Board of Directors. Written notice was provided to their membership prior to the closing, in accordance with federal requirements. Inquiries may be directed to the National Credit Union Administration, Region I office, at 518-862-7400.

If you belong to a state-chartered credit union, please be advised that your account(s) will not be affected by the closing of Need Action Federal Credit Union, Inc.