Crippled by mounting commercial loan losses, the $1.6 billion Texans Credit Union was placed in conservatorship on April 15 by the NCUA.
The $6 billion Security Service Federal Credit Union last week acquired a second, conserved CU, the $119 million Family First FCU of Orem.
The takeover late yesterday by the $6 billion Security Service Federal Credit Union of the NCUA-conserved Family First FCU of Orem has been in the works since last October.
GFA Federal Credit Union, Gardner, Mass., recently recognized its CEO Tina M. Sbrega for her 30 years of service to the credit union.
Mason Hodge, age 7, and Kahlil West, 15, members of the Boys & Girls Clubs of San Antonio, were recognized as the winners of this year's holiday card contest sponsored by Security Service Federal Credit Union.
GFA Federal Credit Union, Gardner, Mass., recently announced that Sharon Henrickson has joined the GFA team as employee relations officer. Henrickson brings over 12 years of human resources experience in retail environments, with
Expanding its Colorado footprint, the $5.5 billion Security Service Federal Credit Union of San Antonio is planning a takeover of the ailing $120 million Norbel Credit Union of Fort Collins, Colo.
The $5.5 billion Security Service Federal Credit Union of Austin, Texas said Wednesday it expects to take over the ailing $120 million Norbel CU of Fort Collins, Colo. by July 29.