Members of another California-based credit union have voted to merge their institution with the $550 million Self-Help Federal Credit Union.
The $38M Butte FCU in California merges with the N.C.-based Self Help FCU.
Second Federal Credit Union opened its doors in Chicago Sept. 21, assuming the footprint of a 130-year old failed thrift.
Deal aimed at helping preserve integrity of Chicago neighborhoods.
The campaign to save the deeply troubled Mission SF FCU of San Francisco entered a critical stage this week with at least one Bay Area CU, the $73 million Self-Help of Oakland, identified as a prospective merger partner.
The $73 million Self Help Federal Credit Union, the California-based credit union that is an affiliate of the $350 million Self Help Credit Union in North Carolina has gotten a bit bigger.