A.E.A FCU and Family First FCU are insolvent with net worth ratios of -7.63 percent and -10.49 percent, respectively. Family First, which was placed into conservatorship on July 30, has reported a negative net worth ratio since June 2010.
Friday, February 4, 2011
Financial Performance of Credit Unions In Conservatorship
The following table provides a look at the year-end financials for four credit unions that are currently under NCUA conservatorship, A.E.A FCU, Arrowhead FCU, Family First FCU, and Keys FCU. (click on image to enlarge)
A.E.A FCU and Family First FCU are insolvent with net worth ratios of -7.63 percent and -10.49 percent, respectively. Family First, which was placed into conservatorship on July 30, has reported a negative net worth ratio since June 2010.
A.E.A FCU and Family First FCU are insolvent with net worth ratios of -7.63 percent and -10.49 percent, respectively. Family First, which was placed into conservatorship on July 30, has reported a negative net worth ratio since June 2010.
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