BEVERLY HILLS CITY EMPLOYEES FEDERAL CREDIT UNION CONSERVED

The following information was released by the National Credit Union Administration:

Accounts Remain Protected by Share Insurance Fund; Member Services Uninterrupted

ALEXANDRIA, VA (January 22, 2026) The National Credit Union Administration today placed Beverly Hills City Employees Federal Credit Union (FCU) in Beverly Hills, California, into conservatorship. Member services will continue while NCUA works to resolve issues affecting the credit unions operations.

NCUA placed Beverly Hills City Employees FCU into conservatorship because of unsafe and unsound practices at the credit union.

Member deposits at Beverly Hills City Employees FCU remain protected by the National Credit Union Share Insurance Fund, which has the backing of the full faith and credit of the United States. Administered by NCUA, the Share Insurance Fund insures individual accounts at Beverly Hills City Employees FCU up to $250,000. A members interest in all joint accounts combined is insured up to $250,000. The Share Insurance Fund also separately protects IRA and KEOGH retirement accounts up to $250,000.

Member services will continue uninterrupted at Beverly Hills City Employees FCUs main office at:

Beverly Hills City Employees FCU

9298 W. 3rd Street

Beverly Hills, CA 90210

Beverly Hills City Employees FCU members can continue to conduct normal financial transactions, deposit and access funds, make loan payments, and use shares. The office is open Monday through Thursday and every other Friday (open January 30, 2026) from 8:30 a.m. to 4 p.m. Pacific. While continuing normal member services, the NCUA will work to resolve issues affecting the credit unions operations.

Members with questions about Beverly Hills City Employees FCU operations may contact the credit union at 310.275.3802. Members with questions about the conservatorship may review the Beverly Hills City Employees FCU frequently asked questions posted on the NCUAs website. Members with questions about their Share Insurance Fund coverage can find more information in the Share Insurance Coverage section of the NCUAs MyCreditUnion.gov consumer website.

Beverly Hills City Employees FCU is a federally insured, federally chartered credit union with 1,542 members and reported assets of $16.5 million according to the credit unions recent Call Report. Beverly Hills City Employees FCU serves the employees of the city of Beverly Hills, California.