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The members of the financially struggling Postmark Credit Union in Harrisburg, Pa., voted Thursday to approve the Sept. 1 merger with the $952 million Xceed Financial Federal Credit Union in El Segundo, Calif.  

While Teresa Freeborn, Xceed Financial’s president/CEO, said in a prepared statement that Xceed Financial has many members and key employer group partners such as TE Connectivity and Tyco in the Harrisburg area, the Postmark CU branch will remain open – giving Xceed Financial its first branch in the Keystone state.

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Peter Strozniak


Credit Union Times

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