The $4.6 billion merger deal of First Tech Credit Union of Beaverton, Ore., and Addison Avenue FCU of Palo Alto, Calif., has now won approval of the Oregon regulator with a First Tech member vote set for November.
The nation's biggest inter-state merger has cleared a major hurdle. The NCUA has now given approval to the $4.6 billion consolidation of First Tech Credit Union of Beaverton, Ore., and Addison Avenue FCU of Palo Alto, Calif.
It's been nearly eight months now since plans for the nation's biggest credit union merger, the $4.6 billion consolidation of First Tech CU and Addison Avenue FCU, was unveiled--and there is still no word on any regulatory approval.
Members of the $2.2 billion First Tech Credit Union will have access to a quarter-point annual percentage rate reduction for green car financing through an alliance with the U.S. Environmental Protection Agency.
First Tech Credit Union's dynamic squirrel duo, Chuck and Leroy, are at it again. This time they're appealing to new members.
Addison Avenue FCU of Palo Alto, Calif. and First Tech CU, of Beaverton, Ore., are planning a consolidation this summer creating a $5 billion institution using the First Tech name.