Having won NCUA and member approval, the $2 billion AtlantaPostal Credit Union looks to complete a merger of the $23 millionHuman Services Employees' Credit Union by June 30, it was announcedWednesday.
Discussions regarding consolidation of HSECU, also of Atlanta,have been under way for more than a year as the CU sought out apartner to offer a broader product/service mix, the credit unionssaid.
“The two boards looked at this consolidation from a strategicpoint of view as one that can benefit both credit unions,” saidDianne Yost, senior vice president of 100,000-member AtlantaPostal.
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