Accounts Remain Protected by Share Insurance Fund; Member Services Uninterrupted
ALEXANDRIA, VA (June 30, 2025) – The National Credit Union Administration (NCUA) today facilitated a partial purchase and assumption between Butler Heritage Federal Credit Union (FCU) in Middletown, Ohio, and the Cincinnati Ohio Police Federal Credit Union (COPFCU). Butler Heritage FCU members should contact COPFCU. COPFCU members, including those members previously with Butler Heritage Federal Credit Union, will experience no interruption in services and their accounts remain federally insured by the National Credit Union Share Insurance Fund.
Cincinnati Ohio Police Federal Credit Union (COPFCU) of Cincinnati, Ohio immediately purchased some assets and assumed Butler Heritage FCU’s share accounts. Butler Heritage FCU was subsequently liquidated. COPFCU is a federally insured credit union with more than 10,000 members and assets of $173 million, according to the credit union’s most recent Call Report.
Administered by the NCUA, the Share Insurance Fund insures individual accounts at Butler Heritage FCU up to $250,000, and a member’s interest in all joint accounts combined is insured up to $250,000. The Share Insurance Fund also separately protects IRA and KEOGH retirement accounts up to $250,000. The Share Insurance Fund has the backing of the full faith and credit of the United States.
Members with questions about their accounts may contact COPFCU at 513.423.2921 anytime. Members with additional questions about their insurance coverage may contact NCUA’s Consumer Assistance Center toll free at 800.755.1030. The Center answers calls Monday – Friday between 8 a.m. and 5 p.m. Eastern. Individuals may also visit the Share Insurance Estimator at MyCreditUnion.gov at any time for more information about their insurance coverage.
NCUA made the decision to liquidate Butler Heritage FCU and discontinue its operations after determining insolvency was imminent, and the credit union had no prospect for restoring viable operations. At the time of liquidation, Butler Heritage FCU served 772 members and had assets of approximately $9.7 million, according to the credit union’s most recent Call Report. Butler Heritage Federal Credit Union serves persons who live, work, worship, or attend school in, and other legal entities located in, Butler County, Ohio.
Liquidation Notice to Creditors of Butler Heritage Federal Credit Union