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TLC Federal Credit Union of Tillamook, Ore., has been liquated and New Bethel Federal Credit Union of Portsmouth, Va., has been placed into conservatorship, NCUA announced last week.

TLC FCU's members, shares, loans and certain other assets and liabilities have been assumed by Fibre Federal Credit Union of Longview, Wash. At the time of liquidation, TLC FCU served 13,375 members and had assets of approximately $109 million, according to the credit union's most recent call report. The credit union was chartered in 1957 as Clatsop Tillamook Teachers Federal Credit Union.

TLC FCU is the third federally insured credit union liquidated in 2015.

New Bethel FCU was placed into conservatorship to enable the credit union to continue with its regular operations, now with experienced managers in place to correct previous service and operational weaknesses, NCUA said. New Bethel FCU serves 176 members and has assets of $105,562, according to its most recent call report.