Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Pinellas FCU acquires POC FCU in merger
LARGO, Fla. (10/28/11)--Pinnellas FCU, Largo, Fla., has acquired the assets of POC FCU, St. Petersburg, Fla., in a merger.

The $82.6 million asset Pinellas added $500,000 in assets and roughly 650 members to its 12,554-member existing base from the merger with POC (Tampa Bay Business Journal Oct. 21).

The Aug. 31 merger is one of at least six credit union mergers in Florida so far this year, the Journal said.

In the U.S., between Jan. 1 and Sept. 29, there were 125 reported mergers, according to the National Credit Union Administration.

POC pursued a merge following the loss of its sponsorship from the Pinellas Opportunity Council--a network of 1,100 private nonprofit and public community action agencies, the Journal said.


RSS print
News Now LiveWire
Housing starts swell in July #NewsNow #Market http://t.co/EdKIhXEj9l
2 hours ago
Consumer inflation tapers after spring surge #NewsNow #Market http://t.co/bgvQd8fyuF
3 hours ago
Have you read this one today in #NewsNow? What NCUA examiners look for on cybersecurity efforts: NCUA Report http://t.co/4g5wUavUAe
4 hours ago
.@CFPB sets $2.75M fine v. auto finance co. it says "distorted consumer credit records for years": TX-based First Investors Fin. Serv. Group
4 hours ago
University, college #creditunions add fin ed to higher ed. See #NewsNow http://t.co/NsyshwHPhg
6 hours ago