Tracy Federal Credit Union, went from the frying pan into the fire as Federal placed the ailing institution into conservatorship on Friday and then put the ailing institution out of it’s misery today turning it over to the Valley First Credit Union of Modesto.
The 5,900 members of Tracy Federal Credit Union of Tracy are now members of Valley First Credit Union of Modesto, which has taken over after the National Credit Union Administration shut down the Tracy bank. NCUA is an independent federal agency that regulates, charters and supervises federal credit unions
Member funds are federally insured by the National Credit Union Share Insurance Fund up to at least $250,000.
Tracy Federal Credit Union was a full service credit union, with assets of $24 million, that provided financial services to residents of the city of Tracy.With the rebranding, the Tracy operations will become Valley First’s eighth branch.
NCUA did not say what prompted their action. The Federal Credit Union Act authorizes it to appoint itself conservator when necessary to conserve the assets of a federally insured credit union, protect members’ interests or protect the National Credit Union Share Insurance Fund.
Visit the NUCA webpage for more on Tracy Federal Credit Union.
hi autopost, i am trying to open that link what you mention in your post but while open it, showing some weblink error. So could you check it exactly why it showing this error. And here i have some words about that topic on which is thread is going on. Tracy credit union features Internet access to your accounts, lets you use a system to check your account by phone and provides ATM access to your account.
Electronic services include loan application, check balances, share draft orders, loan payments, view account transactions, account transfers and online bill payment.
This community credit union serves Persons who live, worship, work, or attend school in, and businesses and other legal entities located within the following boundary: beginning at the intersection of the San Joaquin River and Interstate 5, proceeding northwest to the Old River, then west along the Old River to the Alameda/Contra Costa County line, continuing west along the county line to Vasco Road, then south on Vasco Road to Highway 580
May I know in which browser you are trying to open that link, for now try it in some other browser.
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