The NCUA conserved and moved the office of Birmingham Financial FCU on Thursday.
The $1.3 million Alabama credit union has experienced a decline in assets and certain key ratios, according to its Financial Performance Report.
The 429-member credit union saw its income decline during each of the past three quarters. It lost $107,843 during the second quarter of this year, $2,534 during the first quarter of this year and $54,159 during the last quarter of 2010.
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