USA Fed

• Chatfield: NCUA Rejected Another Viable Recovery Strategy

  By Heather Anderson  |  September 13, 2010

  The NCUA-rejected sale of the $600 million United Services of America FCU's South Korean and Japanese branches was worth as much as $30 million, California Credit Union League Interim CEO Dave Chatfield said.

• Navy/USA FCU Deal Underscores Sweeping Merger Spike: Dollar

  By Jim Rubenstein  |  September 13, 2010

  The planned merger by Navy Federal Credit Union of the long-troubled $604 million USA Federal CU is emblematic of a sharply escalating trend which could see another 2,500 mergers by 2015, Dennis Dollar forecast Monday.

• Navy Sending Team to Discuss USA Fed Merger

  By Jim Rubenstein  |  August 4, 2010

  Navy Federal Credit Union confirmed Wednesday it is sending an executive team to San Diego next week to explore merger prospects with the troubled $634 million USA Fed CU, which for some weeks has been actively soliciting potential suitors.

• Navy Fed Will Merge $604M USA Fed

  By Heather Anderson  |  March 5, 2010

  The $41 billion Navy Federal Credit Union today announced it will merge the $604 million United Services of America Federal Credit Union.