Fort Worth Telco Credit Union to merge with EECU by the end of May,
Any major operational change at a credit union, such as a move, merger or core system conversion, can cause an influx of member service requests and potentially a call center nightmare.
Oregon’s St. Helens Community Federal Credit Union is now facing a recall of five of its directors to be heard after the Labor Day weekend.
In a change of heart, Maryland’s $388 million Educational Systems Federal Credit Union is putting to rest the idea of a merger conversion fee to help defray expenses in its takeover of the once-ailing $401 million Montgomery County Teachers FCU of Derwood, Md.
Educational Systems CEO said fee in a merger deal may be breaking new ground but that it’s only fair to his existing members.
Educational Systems FCU and Montgomery County Teachers FCU combine assets.
Two New Hampshire credit unions, the $720 million Northeast Credit Union of Portsmouth and the $112 million Woodlands CU of Berlin, announced last week they intend to merge by year end.
Proposed merger's benefits being stressed this time around.
Extension to June 29 in bid to raise $75 million ahead of merger with Corporate One.
Thursday was deadline for corporate members to contribute capital in advance of planned merger with Corporate One.