Four more California credit unions are waiting for merger approvals from the state's Department of Financial Institutions.
In October, the $142 million Community First Credit Union in Santa Rosa, Calif., announced the merger acquisition of the $5.5 million Health Care Professionals Federal Credit Union in Napa, Calif. Community First filed its request Oct. 1 with the DFI to merge with Health Care Professionals FCU.
On Oct. 23, the $413 million Valley First Credit Union in Modesto, Calif., requested approval from the DFI to acquire the financially troubled $72 million State Center Credit Union of Fresno, Calif.
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