Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Mergers announced by CUs in several states
MADISON, Wis. (5/19/11)--Mergers continue to reshape the credit union industry. Among the mergers taking place:
* Texas Dow Employees CU, $1.6 billion in assets, Lake Jackson, Texas, and Bluebonnet CU, $80 million in assets, Houston, have agreed to merge. * American 1 FCU, $178 million in assets, Jackson, Mich., is merging with Premier Financial CU, $56 million in assets, Clinton Township, Mich. * TruStone Financial FCU, $664 million in assets, Plymouth, Minn., has agreed to merge with $6 million-asset Ukrainian CU, Minneapolis. * Cal State Central CU, $110 million in assets, Santa Rosa, Calif., will merge into $1.7 billion-asset Redwood CU, also of Santa Rosa (California Department of Financial Institutions Monthly Bulletin April 1). * Metro CU, $780 million in assets, Chelsea, Mass., has merged with University CU, $58 million-asset, Boston.


RSS print
News Now LiveWire
.@CreditYOUnion captures voices of #100MM loud, proud at @GAUnitedCU See #NewsNow Thursday for more
12 hours ago
Ill. @GovernorQuinn signs patent troll law http://t.co/ugWf8zHpCm via @CrainsChicago
13 hours ago
.@MBAMortgage : Mortgage apps increased 2.8% from one week earlier for week ending Aug. 22.
14 hours ago
Franchise businesses may face higher breach risk with POS systems HT @briankrebs http://t.co/LGE46DUk15
14 hours ago
About 1 in 3 consumers use plastsic for in-person purchases of less than $5, according to @CreditCardsCom survey.
16 hours ago