merger

• Southeast Corp Faces PCC Hurdle En Route to Merger Deal

  By Heather Anderson  |  May 31, 2012

  Thursday was deadline for corporate members to contribute capital in advance of planned merger with Corporate One.

• Justice Federal Credit Union Does Emergency Merger With Small Atlanta Credit Union

  By Jim Rubenstein  |  May 24, 2012

  In an emergency move with the NCUA, Justice Federal Credit Union of Chantilly, Va., is merging the Georgia Department of Public Safety Credit Union.

• Southeast Corporate Members Approve Merger Into Corporate One

  By Marc Rapport  |  May 24, 2012

  Final step is meeting capitalization goal of $75 million.

• Savoie Likes Louisiana Corporates Numbers

  By Heather Anderson  |  May 21, 2012

  At first glance, Louisiana Corporate CU’s 2011 financial report shows an institution that increased total capital by $442,565 over the previous year, for a total of $8.9 million. However, the $218 million corporate will have to contend with $2.2 million worth of membership capital shares on notice.

• Merger in Michigan

  By Jim Rubenstein  |  May 14, 2012

  Effective May 1, the $170 million United Bay Community Credit Union of Bay City combined with Kalamazoo’s $28 million Access First FCU.

• Loss of Small Credit Unions Underscored in Rural Maine Merger

  By Jim Rubenstein  |  May 8, 2012

  Where there seven now there are three in Maine's Aroostook County on the Canadian border.

• SELCO Completes Forest Park Merger in Oregon

  By Marc Rapport  |  April 17, 2012

  The $917 million SELCO Community CU in Eugene, Ore., said it has now completed merging the $40 million Forest Park FCU in Portland, Ore.

• TruMark Financial Merges Another Small Philadelphia Credit Union

  By Jim Rubenstein  |  April 3, 2012

  Philadelphia’s $1.4 billion TruMark Financial Credit Union has agreed to take over the distressed $1.5 million Kenrick FCU in suburban Wynnewood.

• Space City, Independence Parkway Plan Houston Merger

  By Jim Rubenstein  |  April 1, 2012

  The Houston-area, $37 million Space City and the $20 million Independence Parkway FCU of La Porte, Texas, plan to merge this summer.

• Houston’s Space City, Independence Parkway Credit Unions Plan Merger

  By Jim Rubenstein  |  March 27, 2012

  Combination would yield a $57 million survivor as healthy equals pair up.