Marking its first merger, the $165 million Industrial Credit Union of Whatcom County in Bellingham, Wash. is taking over the one-branch, $5 million Ferndale Refinery CU.
The merger has been in the talking stages since last summer and becomes effective Oct. 1. Ferndale members had approved the consolidation Aug. 14.
CREDIT UNION TIMES WEBINAR: Ensuring Success of Mergers, Acquisitions
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