Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Mergers in Wisconsin Utah reported
MADISON, Wis. (8/8/12)--Separate mergers in Wisconsin and the Western U.S. have been reported.

The merger of Truax CU, Madison, Wis., into Heritage CU, also in Madison, Wis., was effective July 31 (The Wisconsin State Journal August 6). The combined credit union has $225 million in assets and 26,500 members with nine branches in Wisconsin and Illinois.

Truax CU, with $5 million assets, was founded in 1956 and had one branch. Heritage CU, was founded in 1934 to serve employees of Oscar Mayer & Co.

In the Western U.S., Pocahy Family CU, Pocatello, Idaho, will merge into $2.9 billion Mountain America CU, West Jordan, Utah (McClatchy-Tribune Regional News August 6).

The merger is expected to take effect April 1, 2013.

Members of $15 million Pocahy Family CU approved the merger.


RSS print
News Now LiveWire
Falling #gas prices: Pros, cons for U.S. economy #NewsNow #Market http://t.co/XWwwERwe7e
12 hours ago
Members of Interstate FCU have voted to merge with Credit Union of Southern California https://t.co/yYeSWEG4GH
15 hours ago
.@InfinityFCU has named Liz Hayes as president/CEO. Hayes was formerly EVP and chief administrative offficer at @Affinity_Plus
15 hours ago
.@wpcu battles Speedway in round 3 of Dayton Brand Madness via @DBJnews http://t.co/EbQL5f9be8
16 hours ago
New at #NewsNow: Fed regulators approve new #QRM rule. http://t.co/Bdz5q43xjZ
17 hours ago