Mid East Tennessee Community Credit Union Placed Into Conservatorship - Articles

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Posted by: Jarod Word on Apr 24, 2019

The Mid East Tennessee Community Credit Union (METCCU) on Tuesday was placed into conservatorship by the National Credit Union Administration (NCUA), the Credit Union Times reports. While NCUA did not cite a specific reason for the conservatorship, METCCU maintains a delinquency rate of around 4 percent, dwarfing the rate of similar unions that hover around 1.1 percent. The organization, incepted in 2008, services 1,855 members in Meigs, Rhea, and McMinn counties.