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  • Empire and Mid-States Complete Merger Deal

    ALBANY, N.Y. - Calling it the creation of a new "top-tier corporate," Empire Corporate and Mid-States Corporate announced that their merger was finalized on June 30. The new Members United Corporate has $9.5 billion in assets and serves 2,100 credit unions. Joe Herbst, former CEO of Empire, will lead the...

  • Corillian/qbt and OSI/COWW Mergers Affect CU Space

    PORTLAND, Ore. and GLASTONBURY, Conn. - Last week saw two interesting tech consolidation deals come down. Software integration firm qbt was acquired by Corillian and Open Solutions Inc. acquired COWWW Software - all four of these vendors have a presence in the credit union industry. qbt's stewardship of its new...

  • BRANCHING OUT

    Homesteaders Federal Credit Union, Manhattan, has celebrated the grand opening of its new Central Harlem branch. Prior to moving to the branch in Harlem, HFCU operated out of an office in Lower Manhattan and served 1,700 members living in 200 co-op buildings in the surrounding area. Marion & Polk Schools...

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