Purchase would mark fourth credit union takeover of bank in past year and a half.
Breast cancer survivor Ruth Beach, a member service adviser at the $1.5 billion United Federal Credit Union in St. Joseph, Mich., wanted to give back.
Only approval by the FDIC awaits final approval of the sale of the $190 million Wisconsin community bank to $2.1 billion Landmark CU.
Landmark has completed 10 credit union mergers in the past three years. This is its first acquisition of a bank.
Pictures and plaudits for credit unions living out the movement's motto in their communities.
The $2 billion Landmark Credit Union of New Berlin, Wis., has filed applications with federal and state regulators to buy the $190 million Hartford Savings Bank, a state-chartered mutual savings bank in Hartford, Wis.
Purchase would be third credit union takeover of bank in past year.
There are no excuses for overlooking a service request in the IT department at United Federal Credit Union.
New Hampshire bank becomes second savings bank to be purchased by a credit union.
Lawyers handling the planned takeover of an ailing New Hampshire bank by a Massachusetts credit union expressed optimism Thursday the deal can clear regulatory hurdles.