The $6.1 billion Security Service Federal Credit Union said it has not made any merger bids on newly conserved Texans Credit Union.
"We've just completed three mergers over the last nine months, said John Worthington, senior vice president of Security Service in San Antonio. "We're not beating the bushes looking for new merger partners."
Plagued by mounting losses, the NCUA placed the financially troubled $1.6 billion Texans CU in conservatorship on Friday.
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