Two small credit unions are merging with billion dollar cooperatives in Washington and Mississippi.
Two small credit unions announce they're merging into billion-dollar institutions.
Ring used illegal immigrants from Romania to steal more than $500,000 from ATMs in Washington, Oregon, Nevada, Arizona and Idaho.
Two Seattle area credit unions, the $564 million Watermark CU and the $544 million Sound CU of Tacoma, are planning a summer merger, creating the state’s fourth largest CU.
Following the pattern set this week in Washington State, mid-sized credit unions across the country will be looking to chart more “mergers of equals” to remain competitive with larger brethren.