Arrowhead Credit Union Photo

The Arrowhead Credit Union bank at 421 N. Sierra Way in San Bernardino is free from government control after three years. (File Photo)

Andrew Edwards, Staff Writer
Posted: 05/24/2013 09:47:56 AM PDT
Updated: 05/24/2013 06:12:21 PM PDT

Arrowhead Credit Union, based in San Bernardino, has been released from conservatorship after being under government control for nearly three years.

“It is a great day for the members of Arrowhead Credit Union and the County of San Bernardino,” said Diane Dykstra, president of the California & Nevada Credit Union Leagues.

“We can debate day in and day out, ‘Did the regulators act prematurely? Did they wait too long,’ … At the end of the day, it doesn’t matter because it’s back in the hands of its members. ”

The California & Nevada Credit Union Leagues are trade associations for 343 credit unions in the two state area.

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