Friday, October 28, 2016

New Mexico CU Mega-Merger Announced

Sandia Laboratory Federal Credit Union and Kirtland Federal Credit Union have announced that they are seeking a merger of the two institutions.

Kirtland is a $760 million credit union. Sandia Laboratory FCU is a $2.3 billion credit union.

If approved, the combined institution will have over $3 billion in assets.

The merger has to be approved by Kirtland's members and the National Credit Union Administration.

Read more.

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