Tehachapi Federal Credit Union and Kern Schools Federal Credit Union last week announced that they will merge.
California credit union one of seven hit with actions over alleged re-sequencing of debit card transactions.
A San Jose, Calif.-based attorney has filed seven class action lawsuits against credit unions, alleging overdraft shenanigans.
The court documents contain the same language used in lawsuits against big banks, allege ordering debit transactions to maximize overdraft fees.
California credit union had been with Western Bridge.
The Western Bridge Corporate Charter Committee has elected a seven-member board of directors and a three-person supervisory committee.