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News Now

CU System
Three pairs of California CUs up for mergers says DFI
SACRAMENTO, Calif. (2/11/11)--Three California credit unions are slated to pair up with other credit unions in mergers, with two of the mergers approved and one pending approval, according to the California Department of Financial Institutions (DFI). The mergers were reported in DFI’s Monthly Bulletin for January, released on Wednesday. They include:
* Motion Picture FCU, Valley Village, to merge into Musicians’ Interguild CU, Hollywood, approved Jan. 7; * Onized Oakland (Calif.) FCU to merge into Allied Trades CU, Stockton, filed Jan. 10, approval pending; and * Star Energy CU, Bakersfield, to merge into Chevron FCU, Oakland, approved Jan. 7.


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