Merger Rejected, 'Disappointed' Louisiana's Jefferson Financial CU Looks at Second Try
CEO of suburban New Orleans CU says "we'd like to get another shot" at merging with Baton Rouge's Main Street Financial.
By Jim Rubenstein |
Updated on January 20, 2012
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The president/CEO of Louisiana’s Jefferson Financial Credit Union, a suitor in a failed merger bid this week, said “the messaging could have been better” in trying to sway members of the targeted Main Street Financial FCU of Baton Rouge.
Still, despite “the disappointment and the hard work we’ve put in,” the $260 million Metairie CU will explore another merger try after consulting with regulators, said Mark Rosa, the Jefferson head.
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