A New Billion-Dollar Credit Union Is in The Making

St. Lawrence FCU members will vote on whether to approve its merger with SeaComm CU on Aug. 28.

By Peter Strozniak | July 25, 2023 at 04:59 PM

Members of the $230 million St. Lawrence Federal Credit Union will meet on Aug. 28 to vote on whether to merge with the $806 million SeaComm Federal Credit Union. If members approve the proposal, it will create a new billion-dollar financial cooperative in New York.

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

NOT FOR REPRINT

Growth Strategies

1 MBA Lowers Mortgage Forecast Again

2 Shared Accounts With CU Times: Wescom CU Sets an AI Standard

3 Virginia Credit Unions Prepare to Officially Merge on Jan. 1

4 As Elder Fraud Explodes, Banks Beat Back Duty to Call Cops

5 The Twin Flames Credit Unions Can’t Ignore: Phishing-as-a-Service & Insider Threats

Insurance
Complex Claims & Litigation Forum 2025
February 24, 2025 - Las Vegas

This conference aims to help insurers and litigators better manage complex claims and litigation.
More Information
GlobeSt. Multifamily Spring 2025
April 01, 2025 - New York

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information
GlobeSt. Net Lease Spring 2025
April 01, 2025 - New York

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.
More Information

MBA Lowers Mortgage Forecast Again

By Jim DuPlessis | December 23, 2024

The Mortgage Bankers Association concentrates most of its pessimism on refinance originations in next year’s first quarter.

Virginia Credit Unions Prepare to Officially Merge on Jan. 1

By Peter Strozniak | December 23, 2024

Apple FCU and NextMark FCU consolidation will create a financial cooperative that will manage $5 billion in assets and serve more than 268,000 members.

Virginia Credit Unions Prepare to Officially Merge on Jan. 1

CLF & FOM Expansion Bills Introduced

By Michael Ogden | December 20, 2024

The credit union industry, for the most part, supports these efforts to encourage CU growth.

How to Win Customers in the Modern Marketplace link

Playbook

Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
Exclusive discounts on ALM and Credit Union Times events.
Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now

Instant Insights /