An indoor community recreation center in Derby has closed due to financial problems.
Indoor Recreation of Orleans known as IROC in Derby was taken over by the bank on Sunday after failing to pay its mortgage.
The chairman of the board and executive director said he hopes that the facility can be purchased and continue serving the entire community.
The center has a pool, skating rink, gym and offered fitness and recreation programs, as well as basketball, volleyball and soccer leagues.
The Caledonia Record reports that IROC’s board of directors could not raise enough money to secure a low-interest loan to pay off about $1 million in debt.
The facility also needed $150,000 in maintenance.