The National Credit Union Administration has merged WeDevelopment Federal Credit Union into CommunityAmerica Federal Credit Union after determining that the transaction was in WeDevelopment’s members’ best interests. Members will retain uninterrupted access to services, and their accounts remain insured by the National Credit Union Share Insurance Fund under applicable coverage limits of up to USD 250,000. The NCUA placed WeDevelopment into conservatorship on July 10, 2026, to address safety and soundness issues. WeDevelopment served 1,015 members and held USD 2.4 million in assets, while CommunityAmerica reported 594,689 members and USD 9 billion in assets.
2026-09-01National Credit Union Administration
National Credit Union Administration completes WeDevelopment merger into CommunityAmerica with member services uninterrupted
The National Credit Union Administration has merged WeDevelopment Federal Credit Union into CommunityAmerica Federal Credit Union following an earlier conservatorship. Member services will continue without interruption, and deposits remain federally insured under applicable limits of up to USD 250,000.