The $4 million Trinity Credit Union of Trinidad, Colo., wasplaced under NCUA conservatorship by the Colorado FinancialDivision of Financial Services on Friday following reports of itsdeclining financial conditions.

The 1,153 members of Trinity will not be affected by theconservatorship and will still be able to conduct all financialtransactions normally, the NCUA said.

The NCUA said it will attempt to resolve any operating issues atthe credit union, while also protecting members' assets.

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