Tennessee CU Plans to Move Ahead With Bank Acquisition After Court Ruling

Orion FCU criticizes state regulator who attempted to stop the purchase of Financial Federal Bank.

By Peter Strozniak | December 06, 2023 at 04:44 PM

Two people pushing a red block to fit into a puzzle

The $1.2 billion Orion Federal Credit Union said in a prepared statement on Wednesday that it will move ahead to acquire the $950 million Financial Federal Bank after a Tennessee Appeals Court ruled the proposed purchase is legal under state law.

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