Watermark

Interchange Hit Seen Hindering Growth at Smaller CUs: Brandsma

By Jim Rubenstein | May 31, 2011

Sound CU CEO, heading for merger completion, sees interchange cap forcing possible changes in checking programs.
$564 million Watermark CU, $544 million Sound CU Merge

By Jim Rubenstein | March 4, 2011

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.
Increase Seen in ‘Merger of Equals’ Trend

By Jim Rubenstein | March 2, 2011

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.
Sound, Watermark in Washington State Plan Merger

By Jim Rubenstein | March 1, 2011

Marking one of the largest mergers in years in Washington State, two Seattle area CUs, the $564 million Watermark CU and the $544 million Sound CU, are planning to merge in 2011.

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