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Ukrainian Future CU placed into conservatorship

The National Credit Union Administration placed Ukrainian Future CU into conservatorship, according to a Feb. 23 press release.

The Warren, Mich.-based credit union was conserved due to safety-and-soundness issues, the NCUA said.

As of Dec. 31, 2017, the credit union had $84.6 million in assets, $28.4 million in loans and leases, and shares and deposits of $73.5 million, according to SNL data.

SNL is owned by S&P Global Market Intelligence.