With just two days left to offer feedback on a proposed rule regarding unsolicited mergers, the Texas Credit Union Department said today it has not received any comment letters.

The fact that both the $99 million Northeast Community Credit Union and the Haverhill Bank have been close and friendly competitors for years apparently played a large role Northeast Board's decision to opt to merge with the bank.

The Massachusetts credit union which seeks to merge with a state chartered mutual bank is consulting with NCUA over whether the agency's charter conversion regulations will necessarily apply to their situation.

Harry Mateer has been promoted to president/CEO of Altier Credit Union.