Embarking on its first merger, the $77 million NuVista Credit Union of Montrose, Colo. has agreed to take over the ailing Gunnison Western FCU effective Feb. 1.
There is little doubt that the planned merger of a smaller and neighboring Pennsylvania CU advanced by the $65 million SPE Federal Credit Union of State College became complicated by charter issues, but this is one that took two years to complete.
Persistence pays off when it comes to long-sought merger.
In a follow-up to the ongoing industry campaign fighting the Durbin amendment, the $3.7 billion PSECU hosted a leading CU backer, U.S. Rep. Tim Holden at its headquarters meeting with the CU board and employees.
Greylock Federal Credit Union, Pittsfield, Mass., announced the appointment of two new executives to its risk management team.