Monday, January 2, 2012
United FCU Completes Purchase of Griffith Savings Bank
United Federal Credit Union, headquartered in St. Joseph, Michigan, announced that its purchase of the assets and deposits of Griffith Savings Bank, headquartered in Griffith, Indiana, has been completed effective January 1, 2012. The purchase marks the first time a federally chartered credit union has purchased the assets and deposits of a state-chartered, FDIC-insured mutual savings bank.
Read more here.
Read more here.
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