It's official: https://blog.archive.org/2015/12/14/internet-credit-union-2011-2015-rip/

---------- Forwarded message ----------
From: IAFCU Team <iafcu-team@archive.org>
Date: Thu, Dec 17, 2015 at 3:34 PM
Subject: PLEASE READ THIS - Notice to all Internet Credit Union Members and Supporters
To:


Dear Members/supporters:
 
On behalf of the board we regretfully wanted to inform you that our members have voted to voluntarily liquidate the Internet Archive Federal Credit Union and send the regulators (NCUA) back our charter.   We understand that this not easy for anyone, and so we are staying open 9am-6pm ET until further notice to make the process of closing your account as un-burdensome as we can. 
 
The simplest way to close your account is to send us an e-mail, from the e-mail address we have on file for you, with the following line:
 
“I would like to close my account.   Please send a check for the full value of my account to the address on file.”
 
We have of course waived all fees and once we receive your notification you will be sent a tellers check as soon as possible for the full amount of your deposits with us. 
 
We will follow up this e-mail with a phone call where, after we properly identify you, you can also begin the process of closing your account.   

Jordan Modell
CEO – Internet Credit Union
 
PS If you have any questions or just want to vent please feel free to e-mail me directly:  Jordan@archive.org
 
For more information see the following two blog posts.
 
http://blog.archive.org/2015/11/24/difficult-times-at-our-credit-union/
 
http://blog.archive.org/2015/12/14/internet-credit-union-2011-2015-rip/
 

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Internet Archive Federal Credit Union
848-202-9292
55 Morris St.
New Brunswick, NJ 08901