POMONA, Calif. – NCUA has placed $4.3-million Pomona Postal Federal Credit Union into conservatorship.
NCUA said member services will continue uninterrupted at the credit union’s office at 437 West Center Street. Members can continue to conduct normal financial transactions, deposit and access funds, make loan payments, and use shares.
Pomona Postal FCU has 717 members, according to the credit union’s most recent Call Report. Pomona Postal Federal Credit Union provides financial services to people working for the Pomona Post Office, located in Pomona, California.
This year through September, PPFCU made $14,897, however the tiny CU lost $25,000 in in 2020, according to Call Report data. The CU's net worth stands at 6.86%.