In the last five months, there have been seven credit union failures (three in 2016 and four in 2015). These were very small credit unions with only three having assets of over $1 million. The names and sizes of these credit unions are listed below. One thing to note about these closures is that only two of the seven that were closed had another credit union to assume members’ deposits. For the other five credit unions, the NCUA closed the credit union and sent checks of insured deposits to the members. Members who had deposits over the NCUA limits may have lost their uninsured deposits.