The financially struggling $40 million NEO Federal Credit Union in Miami, Okla., will merge with the $1.3 billion TTCU in Tulsa on Oct. 1.
From East and West, Midwest and South, credit union people in the news.
Agency sponsors 24 college students this summer in targeted outreach program.
Members in Alaska, Michigan and Oregon may have an edge over others when it comes to shopping for a vehicle.
The NCUA approved 23 mergers in July in 18 states, bringing the total number of approved mergers to 155 for 2013.
Making the move from North Carolina to Oklahoma.
Four in California, national number at 155 for the year.
By the time next year rolls around, Truity Credit Union in Bartlesville, Okla., will be ready to comply with new mortgage loan requirements from the Consumer Financial Protection Bureau. Thanks to policies and procedures already in place, the final adjustments won’t likely be traumatic for the credit union.
North and South come together in vote on Thursday, plan to launch merged association on Jan. 1.
Experts weigh in on compliance costs to members, credit unions.