Members Approve Washington Merger
YAKIMA, Wash. – Members of Yakima Valley CU approved the credit union’s combining with Catholic CU to create a $470 million institution serving almost 50,000 members.
The new credit union will be led by Mina Worthington, Yakima Valley’s president and chief executive officer. Paul Regimbal, chief executive officer and president of Catholic, will serve as senior vice president of corporate integration until he retires in June 2012.
Both NCUA and state regulators have approved the deal.