More than 500 members turned out at Alternatives FCU here to sign their names to a beam that will be used in the construction of the credit union's new headquarters. Members can still sign their signature on a piece of paper and send it to the credit union, which will then paste the paper onto the beam. While signing the beam, members were also given a preview of the new environmentally sensitive structure, which remains under construction.
The San Diego bank first considered finding a buyer two years ago and had offers in early 2019. The price of the deal it finally reached in the throes of the pandemic was much lower than some earlier offers.
The future of Fannie Mae and Freddie Mac, the Fed’s supervisory regime for the biggest financial institutions, reform of the Community Reinvestment Act and a host of other industry-related issues are on the ballot this November.