H&R Block Acquires Leading CU Auditor

August 07, 2001, 1:00 a.m. EDT 1 Min Read

- KANSAS CITY, Mo. (08/07/01) - Tax preparer H&RBlock said Monday its RSM McGladrey accounting unit has agreed toacquire Brisbane, Calif.-based O'Rourke, Sacher & Moulton, theleading credit union auditor. RSM McGladrey, formerly known asMcGladrey & Pullen, one of the top 10 accounting firms with alarge credit union clientele, was itself acquired by H&R Blocktwo years ago. The merged auditor will claim more than 200 creditunion clients, including 100 over $100 million in assets. As aresult of the combination, O'Rourke, which also offers consultingservices and recently formed an employment agency with theCalifornia CU League, will become a subsidiary of RSMMcGladrey.

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