Two of the largest and politically influential credit unions, Suncoast Schools Federal Credit Union and GTE Federal Credit Union, announced today a proposal to merge.
The merger of the two Tampa-based financial institutions, which is subject to approval of the NCUA, would create a credit union with combined assets of $7.8 billion.
Suncoast Schools President/CEO Tom Dorety recently completed a term as chairman of CUNA. GTE FCU is headed by former NCUA executive Bucky Sebastian. A staffer from Suncoast Schools confirmed the announcement.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
