The NCUA took over the operations of one credit union and ended its management of another.

Following a quarter in which St. Paul Croatian FCU reported a substantial increase in delinquencies, the NCUA on April 23 placed the $250.8 million credit union into conservatorship.

The agency ended its conservatorship of Tracy Federal Credit Union in Tracy, Calif., when it liquidated the credit union last week and accepted an offer from Valley First Credit to purchase and assume its assets.

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