The $13.4 million Coos Educators Federal Credit Union in CoosBay, Ore., has merged with the $766 million Northwest CommunityCredit Union in Springfield, Ore.
|Coos Educators' sole office began operating as NorthwestCommunity CU on March 16.
|Four employees at Coos Educators CU were retrained. NorthwestCommunity began providing management support to Coos Educators inDecember when its 1,562 members approved the merger.
|It's the second merger for Northwest Community in less than a year.
|Meanwhile, in Wisconsin, the $14.8 million VeteransAdministration Credit Union in Milwaukee has agreed to merge withthe $1.8 billion Summit Credit Union in Madison.
|VACU's sole office will continue to operate to serve its 2,809members and Summit CU's 12,500 Milwaukee-area members, the creditunions said. Summit serves a total of 128,011 members.
|The merger is contingent on approval from VACU members andregulators.
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