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Deal would create the nation’s 10th-largest financial cooperative and aims to offset regulatory revenue losses.

Credit unions and other lenders are likely to see fewer applications and higher delinquencies, observers say.

The redo of the rules comments comes as the Trump administration calls for a review of rules not yet in effect.

Pending shareholder and regulatory approvals, it's the third bank purchase in five years and pushes the credit union to $9.5B in assets and nearly 500,000 members.

Officials say they’ve maintained partnerships with 93% of credit unions in the U.S.

The announcement comes after months of upheaval following the USAID funding cuts ordered by President Trump.