On October 15th, 2010 Oregon State regulators approved the $4.5 billion merger of First Technology Credit Union with Addison Avenue credit union, the biggest such merger in credit union history. In my opinion, this results from a complete breakdown in the integrity of the credit union regulatory process. For this reason I have written … Continue reading First Technology “Inside Job” Merger Approved Without Adequate Review
Tag: Credit Union Merger
Disclosure: As an SEC Registered Investment Advisor, I often recommend to clients that they maintain a strategic relationship with a credit union. Doing so can provide high quality loan services when necessary, in addition to a dramatic reduction on all fees, including VISA interest, etc. I am a true believer in Credit Unions, although they … Continue reading First Tech Credit Union CEO Sargent Pockets $2.3 million, Orchestrates Merger. How to evaluate your Credit Union