Global Credit Union Plans Second Largest Bank Acquisition

If approved by regulators and shareholders, the deal will substantially increase the CU's commercial loan portfolio and expand its market presence in Washington.

By Peter Strozniak | January 11, 2024 at 05:20 PM

Business handshake on finance prosperity and money technology asset background

The $11.8 billion Global Federal Credit Union based in Anchorage, Alaska said on Thursday that it plans to acquire the $1.5 billion First Financial Northwest Bank in Renton, Wash., for $231.2 million in cash.

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Global Credit Union Plans Second Largest Bank Acquisition

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