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The bill would increase federal credit unions' ability to make loans with maturities up to 20 years.

Special dividends include a first-time fee waiver for its nearly 700 member credit unions.

Two of its business units, CUSO and Sorrento, now work with about 200 banks and credit unions.

If approved by regulators and shareholders, the deal will substantially increase the CU's commercial loan portfolio and expand its market presence in Washington.

The Virginia Credit Union, Inc. and Member One FCU merger would result in a $6.7 billion credit union.

North Carolina corporate credit union distributes money among its nearly 600 credit union members.