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.
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