Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Community Trust Self-Help CUs merge
MODESTO, Calif. (6/24/09)--Community Trust CU, Modesto, Calif., has merged with Self-Help FCU, Durham, N.C. The two credit unions said the move was a proactive step to take advantage of each of their relative strengths (Modesto Bee June 23). By partnering with Self-Help, Community Trust will be able to expand its services to members and increase its positive impact on the Modesto-area community, Joe Duran, Community Trust’s CEO, told the newspaper. The merger with Self-Help will inject money into Community Trust’s balance sheets, tripling Community’s Trust’s net capital, Duran added. The merger was approved earlier this year by federal and state regulatory agencies, and Community Trust’s membership, the paper said. Community Trust has $42 million in assets. Self-Help, based in Durham, N.C., has $333.4 million assets.


RSS print
News Now LiveWire
Housing starts swell in July #NewsNow #Market http://t.co/EdKIhXEj9l
12 hours ago
Consumer inflation tapers after spring surge #NewsNow #Market http://t.co/bgvQd8fyuF
12 hours ago
Have you read this one today in #NewsNow? What NCUA examiners look for on cybersecurity efforts: NCUA Report http://t.co/4g5wUavUAe
13 hours ago
.@CFPB sets $2.75M fine v. auto finance co. it says "distorted consumer credit records for years": TX-based First Investors Fin. Serv. Group
14 hours ago
University, college #creditunions add fin ed to higher ed. See #NewsNow http://t.co/NsyshwHPhg
15 hours ago