UKIAH, Calif. Mendo Lake CU, a $130-million credit union, would pick up a new branch at Fort Bragg with a proposal to acquire $33-million Fort Bragg Community FCU.
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The deal would create a credit union with more than $160 million in total assets and 23,000 members.
The location of the Fort Bragg office will be carefully reviewed during the merger exploration process because Mendo Lake already has a branch in Fort Bragg.
As the merging credit union, Fort Bragg Community members will be given an opportunity to vote on the final merger agreement, with a full disclosure of all merger details provided to members prior to the vote, the two credit unions said.
