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North Little Rock based credit union placed into conservatorship

NCUA cited unsafe practices including undercapitalization and poor recordkeeping in placing the credit union with 1,796 members under conservatorship after vendor issues were blamed.

Summary by KTHV
The National Credit Union Administration has placed People Trust Community Federal Credit Union into conservatorship due to "unsafe and unsound practices."

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Arkansas Business broke the news in on Tuesday, February 3, 2026.
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