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Keys FCU placed into conservatorship
ALEXANDRIA, Va. (9/25/09)--The National Credit Union Administration (NCUA) on Thursday assumed control of the 13,000-member and $180 million assets Keys FCU of Key West, Fla. According to an NCUA release announcing that the credit union has been placed into conservatorship, service to members of Keys FCU will continue, and they will be able to continue to make deposits and loan payments while the credit union is under NCUA control. The deposits of members will continue to be insured by the National Credit Union Share Insurance Fund, the release added.


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