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.
Given the challenges faced during this tough economy, some credit unions are taking another look at their community outreach efforts.
Andrews Federal Credit Union. Suitland, Md., celebrated the grand opening of its newly redesigned branch in Wiesbaden, Germany.
Meeting the state's economic doldrums head-on, the $460 million First Credit Union is closing five Arizona branches next month in a move reflecting both declining activity and a shift in consumer preference for online services.