Small credit unions in Florida, New York, New Hampshire, Minnesota and Hawaii in mergers with larger credit unions as the new year nears.
Two New Hampshire credit unions, Northeast Credit Union and Woodlands Credit Union announced last week that the merger between the two credit unions has received all necessary member and regulatory approval. Woodlands Credit Union members approved the merger via mail-in balloting as well as in-person voting during a special meeting...
Combined entity would have about $822 million in assets, more than 84,000 members and 15 branches.
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It’s one thing if credit unions offer low-cost financial products and exceptional service, but it’s quite another if they teach members how to use their products responsibly.
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