The NCUA said Friday it has released the $755 million ArrowheadCentral Credit Union from conservatorship after nearly three years, marking the firsttime a credit union has done so since 2007.
A 10-person NCUA-recruited advisory board is now serving as theSan Bernardino, Calif., credit union's new Board of Directors andSupervisory Committee.
NCUA Public Affairs Specialist John Fairbanks said he could notname the board members because it's the credit union's decision tomake them public.
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