ATLANTA — Speculation is swirling yet again that Delta Airlines may be considering a merger, this time with Minnesota-based Northwest Airlines but the $2.5 billion Delta Community Credit Union said it will continue to focus on serving its membership.
Over the past few weeks, the Atlanta Journal-Constitution has been reporting on a possible merger. Delta Community has served the airline for more than 60 years and changed its name in 2006 to reflect its expanded membership.
"We stand ready to meet the financial needs of Delta's employees now and in the future regardless of the outcome of the current merger discussions," said Todd Marksberry, executive vice president/chief operating officer, Delta Community CU, adding Delta Airlines has "done a great job" keeping the CU up to speed on the potential merger.
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Marksberry said "…we know nothing more than what has been shared publicly to date."
"As any company does over time, we believe Delta [Airlines] is considering such a transaction as part of its ongoing effort to keep its business strong, and this should ultimately benefit the company's employees as well as the communities where it operates," Marksberry said.
Still, Delta Community CU has "made adjustments to [its] own business strategy along the way to maintain our financial strength and independence as economic and market conditions evolve."
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