The NCUA placed Tracy Federal Credit Union of Tracy, Calif., into conservatorship late last Friday.
The $25.9 million credit saw its liabilities increase 27.2% during the last quarter of 2009 and a 89.6% decline in its net income, according to its financial report filed with the NCUA.
Its delinquency ratio was 3.85%, up from 3.54% in the third quarter.
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