Two Texas credit unions, the $197 million Qualtrust Credit Union of Las Colinas and the $1 billion Texas Trust Credit Union of Arlington announced that their boards agreed to unite.
The newly combined credit union will begin joint operations under the Texas Trust banner by the end of 2017, pending regulatory approval by the NCUA and the Texas Credit Union Department, and an affirmative vote by the Qualtrust membership.
The broadening of its geographic reach and services available to members are among the expectations of the Qualtrust and Texas Trust merge.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
