04:06 PM PDT on Friday, June 25, 2010

By KIMBERLY PIERCEALL

Arrowhead Credit Union has been seized by the National Credit Union Administration, according to the regulatory agency.

NCUA spokesman John McKechnie said the credit union’s branches would continue conducting normal operations and deposits up to $250,000 were insured.

Arrowhead has about 152,000 members who bank with the union, according to the regulatory agency.

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