Original Source Material
The Michigan Department of Insurance and Financial Services liquidated Craftsman Credit Union of Detroit and appointed the National Credit Union Administration as liquidating agent.
NCUA: Craftsman Credit Union, Detroit, Closes
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Operational Brief
• Craftsman Credit Union of Detroit was liquidated by the Michigan Department of Insurance and Financial Services. • NCUA was appointed as the liquidating agent.
Why It Matters for Texas Credit Unions
The article does not mention Texas, TCUD, or any Texas-specific entities. It is specific to Michigan credit unions.
Limited site guidance: Institutions should review this based on their own products, size, vendors, and supervisory posture.
The item has some Texas or operational relevance signals, but the site does not yet have enough support to narrow it to one institution profile with confidence.
This is site guidance, not a formal determination. CU InfoSecurity and the original source material remain the governing reference.
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