ALEXANDRIA, Va. – In a rare move on a Thursday, NCUA has placed the $16.5-million Beverly Hills City Employees Federal Credit Union in Beverly Hills, California, into conservatorship.
The agency said member services will continue at its main office on 3rd Street in Beverly Hills while it works to resolve issues affecting the credit union’s operations.
The credit union has 1,542 members.
Beverly Hills City Employees FCU, which was chartered in 1954, posted a loss of $218,190 as of Sept. 30, 2025, with net worth of 15.23%. For year-end 2024, it had a loss of $136,936.
