MARION, Ill.--NCUA has liquidated the $10.6-million Aldersgate Federal Credit Union here, the agency announced.
As CUToday.info reported, NCUA in mid-June conserved Aldersgate, noting the agency was working to resolve issues affecting the credit union’s operations.
Call Report data show the CU had been making a small profit, showing $55,019 in net income in 2024 and $33,481 through March of this year. Net worth was 10.17%.
NCUA liquidated the $9.7-million Butler Heritage Federal Credit Union Monday.