06/21/2023 08:04 pm
PALM COAST, Fla.–In part II of this latest review of credit unions seeking to merge, CUToday.info has found nearly all are below $10 million in assets (just two are between $40-$100 million in assets), and again uncovers CUs unable to find new managers, saying they simply can’t afford new technology (two of the CUs don’t have websites) and, in one case, one offering a pretty unique formula for how it determined net worth should not be returned to members.