News

The timing be a bit awkward considering public wariness here about "mergers and sales" among banks and credit unions, but still the $720 million Colorado State Employees CU said Friday it saw no problem in moving ahead with a name change becoming Credit Union of Colorado.

Building the Texans Commercial Capital LLC business lending CUSO to a highly successful entity, three former executives have filed a lawsuit against $1.7 billion Texans Credit Union and Texas Capital after claims of being fired when discussions began on exploring other options to expand the CUSO.

After receiving NCUA and member approval, Excelsior Credit Union and Capital Communications Federal Credit Union will merge on Oct. 1.

The $1.5 billion Bellco Credit Union, which launched a media campaign this month to solicit new business from the defunct New Horizons Community Credit Union, Thursday defended its ad tactics against a Texas competitor as a legitimate awareness ploy.

Triton, the ATM manufacturer that is headquartered close to the Gulf Coast and had to close its doors for a time in the wake of Hurricane Katrinia, had commemorated the second anniversary of recovery from the storm with an ATM donation.

Effective Sept. 1, City Credit Union and Dallas Area Rapid Transit Federal Credit Union will become one.