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Indianapolis Newspaper Federal Credit Union, Indianapolis, IN. 03/31/2021. Closed. IBEW Local Union 712 Federal Credit Union, Beaver, PA. 05/29/2020. Closed. CBS Employees Federal Credit Union ...
The 1980s saw a trend of banks and credit unions, often at the urging of state-level insurers, shifting to federal insurers, the Federal Deposit Insurance Corporation (FDIC) or the National Credit Union Administration (NCUA). The trend became particularly pronounced after Ohio and Maryland, the largest state-chartered funds, collapsed in 1985 ...
Penney OpCo LLC, doing business as JCPenney and often abbreviated JCP, is an American department store chain that operates 656 stores across 49 U.S. states and Puerto Rico. [3] [4] Departments inside JCPenney stores include Men's, Women's, Boys', Girls', Baby, Bedding, Home, Fine Jewelry, Shoes, Lingerie, JCPenney Salon, JCPenney Beauty, as well as leased departments such as Seattle's Best ...
The long struggling department store JCPenney filed for bankruptcy on Friday, becoming the third major retailer following J.Crew and Neiman Marcus to restructure its debt as the coronavirus ...
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Following the merger of the OTS and the OCC, thrifts had the option of filing either a call report or a TFR. Beginning with the first quarter filing in 2012, all thrifts are required to file a call report and no longer have the option to file a TFR. Call reports for credit unions are submitted quarterly to the National Credit Union Administration.
JCPenney announced in February plans to close two distribution facilities and 138 department stores this year to redirect resources in higher-performing locations and initiatives.
In 2008, in the U.S., the rate of commercial bank failures was almost triple that of credit unions, and almost five times the credit union rate in 2010. [395] Credit unions increased their lending to small- and medium-sized businesses while overall lending to those businesses decreased. [396]