The $10.6 million Assurance Federal Credit Union in Richmond, Va., will officially merge with the $191 Argent Federal Credit Union in Chester, Va., on Oct. 1.
Assurance FCU members voted in favor of the merger proposal on Sept. 19, according to Assurance FCU's website and an Argent FCU prepared statement.
Post merger, Assurance employees will continue to serve members at its branch in Richmond, which will become Argent FCU's fifth branch, the credit unions said.
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
NOT FOR REPRINT
© 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.
