Advanced search


ALEXANDRIA, Va.–CUToday.info’s latest review of disclosure forms filed by nine credit unions seeking to merge has found two CUs, both of which posted losses over the first six months, seeking to combine; several CUs with capital north of 22% again not distributing any of that net worth to members; just one acquiring CU of more than a billion in assets (a rarity), and one small CU that still operates out of a person’s home and which does business by phone only.