Growth Strategies

Months of internal work has resulted in a new product journey for its clients.

The combined Launch CU and Community CU of Florida would manage $2.7 billion in assets and serve more than 143,000 members.

If approved by shareholders and regulators, the proposed acquisition is expected to close during the second quarter of next year.

The fund's objective is to provide financial assistance, resources and expertise to help new credit unions thrive.

If approved by regulators and shareholders, the deal is expected to close in 2025.

A New Jersey credit union completed the branch's transfer to the Pennsylvania-based credit union Aug. 3.