Credit unions in Alabama announced plans to merge on Nov. 8, while cooperatives in Georgia, Hawaii and Pennsylvania recently finalized consolidations.
The $752 million Avadian Credit Union and the $12.7 million EBSCO Federal Credit Union, both headquartered in Birmingham, Ala., said Nov. 8 they plan to merge by the first quarter of 2018.
Avadian will assume EBSCO's sole branch, located inside the headquarters of EBSCO Industries, which will continue to offer financial products and services for employees of EBSCO Industries.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
