As of today, a California credit union merger now occupies a spot on the to-do list of Barry Jolette, the chairman of the World Council of Credit Unions.
The president/CEO of the 594 million San Mateo CU of Redwood City, now presiding over the joint WOCCU/CUNA 1 Credit Union Conference in Las Vegas, is working on an application to merge the $12 million Palo Alto Community Federal Credit Union.
The application to consolidate the nearby CU was filed two weeks ago with the California Department of Financial Institutions following long-running talks between the two CUs, said Jolette.
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.
