SALT LAKE CITY – Members of Intermountain CU overwhelmingly approved an emergency merger yesterday into America First CU, the state’s largest credit union.
The $41 million credit union told members it doesn't have sufficient income and capital to remain solvent and sought out the merger with the $4.4 billion America First.
Intermountain CU was chartered in 1954 as Associated CU, then merged several times, first in 1999 with Utah Associations CU, then in 2001 with Pioneer CU.
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