This list shows the U.S. credit unions that have failed this year, and it is updated weekly.
Most of the credit unions are acquired, and, if insured, the National Credit Union Association will either transfer the member's account to another NCUA-insured credit union or give the insured member depositor a check equal to his or her insured account balance, up to the insurance limit of $250,000.
Check your own credit union's safety using Bankrate's Safe & Sound bank ratings.
To find more information on checking and savings accounts, research credit unions in your area.
Here's a list of the U.S. banks that have failed in 2012.
|Failed credit unions||Date closed|
|People for People Development Credit Union, Philadelphia||2/19/12|
|Eastern New York Credit Union, Naponoch, NY||1/27/12|
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