Credit unions across the country announce multiple consolidations throughout the summer months.
Largest consolidation announcement comes from Visterra Credit Union and Altura Credit Union in California.
Skepticism surrounds whether the social media channel will hurt productivity.
Two of the largest mergers occur in California and Minnesota.
Consolidations will result in combined assets ranging from $241 million to $1 billion.
The $40 million Golden West Cities Federal Credit Union Credit Union in Garden Grove, Calif., has merged with the $710 million Credit Union of Southern California in Brea, according to a CU SoCal statement.
Golden West Cities FCU merges into Credit Union of Southern California.
Financial advisers share which mobile apps they use on the job and how the tools help them achieve educational and financial goals.
The $17B PenFed names a new CEO and other career milestones announced this week.
Merger scheduled to take place on April 1. No Golden West Cities employees will be pink slipped.