Friday, November 22, 2013

Polish Combatants CU Liquidated

The Ohio Division of Financial Institutions has liquidated the Polish Combatants Credit Union of Bedford, Ohio, and appointed the National Credit Union Administration as liquidating agent.

The Division of Financial Institutions made the decision to liquidate Polish Combatants Credit Union and discontinue its operations after determining the credit union had no prospect for restoring viable operations.

Polish Combatants Credit Union served 52 members and had assets of $120,450, according to the credit union’s most recent Call Report. Chartered in 1957, Polish Combatants served Polish veterans of World War II.

Polish Combatants Credit Union is the thirteenth federally insured credit union liquidation in 2013.

Read the press relase.
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