Member Deposits Remain Protected to at Least $250,000 by the Share Insurance Fund
ALEXANDRIA, VA (June 20, 2025) – The National Credit Union Administration (NCUA) today liquidated Soul Community Federal Credit Union in Austell, Georgia. The NCUA made the decision to liquidate Soul Community Federal Credit Union and discontinue its operations after determining the credit union was insolvent and in violation of numerous provisions of the Federal Credit Union Act and NCUA Rules and Regulations, including operating in an unsafe and unsound manner.
Member deposits are federally insured by the National Credit Union Share Insurance Fund to at least $250,000. NCUA’s Asset Management and Assistance Center will issue correspondence to individuals holding verified credit union share accounts within one week. Members may direct questions and other inquiries concerning their accounts to NCUA’s Asset Management and Assistance Center:
Soul Community Federal Credit Union
c/o National Credit Union Administration
10910 Domain Drive, Suite 200
Austin, Texas 78758
1.877.715.0777 or 512.231.7940
amacmail@ncua.gov
Members with additional questions about their insurance coverage may contact NCUA’s Consumer Assistance Center toll free at 1.800.755.1030. The Center answers calls Monday – Friday between 8 a.m. and 5 p.m. Eastern. Individuals may also visit the MyCreditUnion.gov website at any time for more information about their insurance coverage.
Soul Community Federal Credit Union, chartered in 2024, primarily served persons who live, work, worship, study, and participate in programs, associations and businesses in Austell, Georgia.
Liquidation Notice to Creditors of Soul Community Federal Credit Union