In an announcement published Monday, the Washington, D.C.-based Howard University Employees Federal Credit Union merged into the Greenbelt, Md.-based Educational Systems Federal Credit Union, According to officials, the merger agreement became effective on Nov. 30.
The $10 million Howard University Employees FCU was chartered in 1935 and brings its 1,164 members into the Educational Systems family, which will give those members an expanded “range of financial services available to employees, students, alumni and family members of Howard University as well as Howard University Hospital.”
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