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CU System
CU System briefs (07/21/2009)
* PASCAGOULA, Miss. (7/22/09)--Two Pascagoula, Miss.-based credit unions plan to merge, pending approval from the Mississippi State Banking Department and the National Credit Union Administration. The $200 million asset Navigator CU and the $3 million asset Jackson County CU (JCCU) announced that JCCU's members overwhelming approved the merger in a meeting July 14. Navigator will be the surviving credit union, serving JCCU's 700 members at all locations, including continued service at JCCU's branch. All JCCU employees have accepted positions at Navigator (The Sun Herald July 21) … * SYRACUSE, N.Y. (7/22/09)--Empower FCU, a $714 million asset credit union based in Syracuse, has acquired Telco FCU, a $22.8 million asset credit union in Elmira, N.Y. Telco will change its name to Empower. The deal was completed July 17, according to Datamonitor's Financial Deals Tracker (July 20) …


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