LIVERMORE, Calif.–Having just announced one merger, UNCLE Credit Union has announced it is considering another.
As CUToday.info reported here, the $395-million UNCLE recently said it will merge in the $5.8-million Stockton Community FCU by April 1.
The credit union has now entered into a tentative agreement to also merge in the $26-million Allied CU in Stockton, which has more than 1,900 members. ACU members will be able to vote on the merger via mail-in ballots or a special meeting on March 5.
"We see this as a great opportunity," Harold Roundtree, president and CEO of UNCLE CU, told Pleasanton Weekly. "Our objective is to make this a seamless process for our combined membership and employees."
UNCLE Credit Union was founded in 1957 to serve employees of what is now known as the Lawrence Livermore National Laboratory, and now has a community charter for Alameda, Contra Costa, San Joaquin or Stanislaus counties in California.