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News Now

CU System
Two NY CUs serving Ukrainians announce merger
NEW YORK (2/4/13)--Two credit unions in New York state that serve Ukrainians have decided to merge.

Ukrainian FCU in Rochester, N.Y., with $149.5 million in assets, and Ukrainian Home Dnipro FCU (UHD FCU) in Buffalo, N.Y., with $8.9 million in assets, received regulatory and membership approval to merge, Ukrainian FCU announced on its website.

UHD FCU's single location became a branch of Ukrainian FCU on Jan.1, with the full merger culminating during the next three months.

With the merger, Ukrainian FCU will have seven branches in four states--New York, Massachusetts, California and Oregon.


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