Va regulators close Richmond-based credit union

By Washington Examiner
Published May 24, 2014 6:36pm ET
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RICHMOND, Va. (AP) — Virginia regulators have closed a Richmond-based credit union after it was found to be insolvent.

The State Corporation Commission closed Life Line Credit Union Inc. and gave control of the credit union to the its Bureau of Financial Institutions and the National Credit Union on Friday.

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Finance Local News Virginia