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