If you’re a recent member of Cascade Federal Credit Union in Seattle and the credit union merges, you’ll have a little more money in your account, thanks to a no merger guarantee.
$85 million Utah credit union says merger forced by declining deposits, stagnant membership growth, technology demands.
The $1.9 million Madison-based Summit CU will merge the $14.8 million VACU later this year now that approvals have been won.
Merger to be finalized in October and will result in $235 million institution.
The $704 million First Community FCU and $278 million E & A Credit Union announce board approval for consolidation.
Merger is second since Columbus-based Pathways FInancial was created by three-way merger in 2012.
The merger will leave NuVision with 14 branches, $1.3 billion in assets and 87,000 members throughout Los Angeles and Orange counties.
Tehachapi Federal Credit Union and Kern Schools Federal Credit Union last week announced that they will merge.
The $10.7 million HealthONE Federal Credit Union in Denver has merged into the $236 million Partner Colorado Credit Union in Arvada, Colo., the credit unions said.
Colorado consolidation for small, hospital-based credit union opened in 1970.