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NCUA reported that AEA Federal Credit Union, of Yuma, Ariz., has improved its financial performance while under NCUA conservatorship for the past four years. It gave no indication of an end date for conservatorship.

AEA was placed into conservatorship in 2010 due to member business loan problems and declining finances.

NCUA says a "focus on improved member services and greater efficiency has paid off" and noted AEA's net income for 2014 was $3.8 million. AEA's net worth ratio increased to 5.23 percent, up 51 basis points from 2013, and loans grew by $9.5 million. The credit union's total assets as of the end of December were $238 million.

NCUA Region V Director and Agent for the Conservator Elizabeth Whitehead said, "An important factor for AEA's positive performance was their determination and dedication to maintain a strategic focus throughout 2014."