The $7.4 million TrustUS Federal Credit Union in Midlothian, Texas said July 18 that it will merge in September with the Arlington, Texas-based, $918 million Texas Trust Credit Union.
The consolidation was approved by TrustUS members and regulators, according to a prepared statement.
TrustUS, formerly Texas Industries Employees Credit Union, which was founded in 1956, decided to merge after it lost its sponsorship when Texas Industries was sold to Martin Marietta Materials Inc. in 2014. Texas Industries produced cement and aggregate products for the construction industry. TrustUS served 2,401 members.
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