CUs That Have Gone Public
There have been 27 credit unions converting to mutual savings banks. Seven of them have gone public in initial public offerings, with one of them, IGA FSB, having been acquired in a corporate takeover. Those that have gone public include:
Affiliated Federal Bank (FCU) Bedford, Texas
Allied Bank (formerly Allied Pilots FCU) Naperville, Ill
BUCS FSB (FCU)
IGA FSB (FCU)
Pacific Trust FB (FCU) Chula Vista, Calif.
Rainier Pacific FSB (CU) Fife, Wash.
Synergy FSB (FCU) Cranford, N.J.