MCT

Merger Fee Is Rescinded by Maryland Credit Union

By Jim Rubenstein | August 20, 2012

In a change of heart, Maryland’s $388 million Educational Systems Federal Credit Union is putting to rest the idea of a merger conversion fee to help defray expenses in its takeover of the once-ailing $401 million Montgomery County Teachers FCU of Derwood, Md.
Maryland Credit Union Changes Mind on $35 Merger Fee

By Jim Rubenstein | August 15, 2012

Educational Systems FCU CEO says new members can instead make up for merger costs by increasing use of services.
ESFCU CEO Says $35 Merger Fee Justified

By Jim Rubenstein | August 10, 2012

Educational Systems CEO said fee in a merger deal may be breaking new ground but that it’s only fair to his existing members.
Maryland Merger Bid Finalized ‘In Last Week,’ Says CEO

By Jim Rubenstein | April 13, 2012

Educational Systems and Montgomery County Teachers similar in size, have long geographic, people ties.

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