Lobby of the NCUA.
The $28 million Valwood Park Federal Credit Union in Carrollton, Texas was conserved for unsafe and unsound practices, the NCUA said late Friday afternoon.
Valwood Park was designated as well-capitalized at 14.15%, higher than the peer average of 12.37%, while its net worth growth was 4.63%, according to its third quarter NCUA financial performance report and Call Report.
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