NCUA Liquidates CBS Employees Federal Credit Union

The NCUA liquidates CBS Employees FCU after it was determined it was insolvent with no prospect of restoring viable operations on its own.

By David Baumann | March 29, 2019 at 07:22 PM

The NCUA has liquidated the CBS Employees Federal Credit Union in Studio City, Calif. and the University Credit Union in Los Angeles immediately assumed assets, loans and all member shares of the liquidated institution.

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