Three Northwest states–Washington, Oregon and Montana–have become the nation’s epicenter of merging activity among credit unions, with supporters claiming the trend underscores a higher level of member service.
The $4.7 billion Alaska USA FCU is expanding its metro Seattle footprint this month by making its first entry into suburban Puyallup.
Council adopts resolution but move would take state legislative action.
Merger of relative equals results in fourth-largest CU in Washington state.
Sound CU CEO, heading for merger completion, sees interchange cap forcing possible changes in checking programs.
Two Seattle area credit unions, the $564 million Watermark CU and the $544 million Sound CU of Tacoma, are planning a summer merger, creating the state’s fourth largest CU.