The $653 million Red River Employees Federal Credit Union in Texarkana, Texas, has won approval for a community charter that gives it the right to serve 746,618 potential members in Texas and Arkansas, its consultant said.
The NCUA granted approval to the 67,700-member Red River to change from a multiple common bond credit union to a community charter through the Rural District qualifier, said Dollar Associates in Birmingham, Ala.
"Red River is a very progressive credit union with a strategic vision for growth and
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