Fort Bragg Members OK Merger Into Mendo Lake

LAKE COUNTY, Calif. – Members of Fort Bragg Community FCU have voted in favor of merging into Mendo Lake CU.

Processing Content

On Tuesday, Oct. 1, the Mendo Lake CU branch located at Fort Bragg will move just around the corner into the Fort Bragg CU office. As part of the merger, two members of the FBCU board will join the MLCU board, while one member of the FBCU supervisory/audit committee will join the same committee at MLCU.

When the merger is completed, the institution will have more than $170 million in assets and serve more than 24,000 members.

 


For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER
Load More