Houston skyline. Houston skyline. (Source: Adobe Stock)

Houston-based First Service Credit Union and People’s Trust Federal Credit Union are planning a 2022 merger that would create a financial cooperative with more than $1.3 billion in assets and nearly 98,000 members.

If the consolidation is approved by regulators and members of the $510 million People’s Trust FCU, it would become the fifth largest credit union in the Greater Houston area and the 31st billion-dollar credit union in the Lone Star State.

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Peter Strozniak

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