Free Choice Federal Credit Union, located in Feasterville, Pennsylvania, was closed by the National Credit Union Administration (NCUA) on Friday, August 28, 2009. Prior to closing, the credit union served 409 members from 20 select groups and had assets of $325,807 and loans totaling of $263,929.
Free Choice Federal Credit Union members’ share accounts were purchased and assumed by Trumark Financial Credit Union of Trevose, Pennsylvania, providing Free Choice members with uninterrupted credit union service. Trumark Financial Credit Union serves over 90,000 members and has over $1.2 billion in assets and over $800 million in loans.
Remember that
federally-insured credit unions provide up to $250,000 of insurance coverage per account, so your funds are safe in your local credit union!
