Former type Credit union Defunct 2009 Headquarters Las Vegas Number of locations 5 | Industry Financial services Area served Clark County, Nevada Founded 1960 | |
Products Savings; checking; consumer loans; mortgages; credit cards Total assets $159 million (at 2009 close) | ||
Community One Federal Credit Union was a Las Vegas, Nevada based state chartered credit union.
America First Federal Credit Union acquired Community One Federal Credit Union on August 12, 2009 following its closure by the National Credit Union Administration. At the time of closing, the credit union served 21,098. Community One was the second credit union to close in Clark County, Nevada during 2009.
Failure
The credit union failed following extensive losses driven by the local economic problems.
References
Community One Federal Credit Union Wikipedia(Text) CC BY-SA