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Community One Federal Credit Union

Community One Federal Credit Union

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Community One Federal Credit Union

Community One Federal Credit Union

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Community One Federal Credit Union

Community One Federal Credit Union was a Las Vegas, Nevada based state chartered credit union.

Key Information

Company type	Credit union
Industry	Financial services
Founded	1960
Defunct	2009
Headquarters	Las Vegas, Nevada, United States
Number of locations	5
Area served	Clark County, Nevada
Products	Savings; checking; consumer loans; mortgages; credit cards
Total assets	$159 million (at 2009 close)
Number of employees	66^[1]

America First Federal Credit Union acquired Community One Federal Credit Union on August 12, 2009, following its closure by the National Credit Union Administration.^[2] At the time of closing, the credit union served 21,098 members.^[3] Community One was the second credit union to close in Clark County, Nevada, during 2009.^[4]

Failure

The credit union failed following extensive losses driven by the local economic problems.^[5]

Notes

^ "A Short History Of Community One Federal Credit Union". Archived from the original on March 4, 2016. Retrieved September 29, 2010.
^ "Community One FCU Closes, Members Now Served by America First FCU". Tradewind, Inc. Archived from the original on September 29, 2011. Retrieved September 29, 2010.
^ "Community One FCU Closes, Members Now Served by America First FCU" (Press release). National Credit Union Administration. August 12, 2009. Archived from the original on August 15, 2009. Retrieved 2010-09-30.
^ Steve Green (November 14, 2009). "Ensign Federal Credit Union fails". Las Vegas Sun. Retrieved 2010-09-30.
^ Steve Green (Aug 12, 2009). "Regulators close credit union with local branches". Las Vegas Sun. Retrieved 2010-09-30.

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