Not All Mergers Involve 'Trillions'

BRATTLEBORO, Vt. - The $45.2-million River Valley CU said it will absorb via merger the $1.6-million Windham County VEA Credit Union, which has approximately 1,040 members. In a statement to members on its website, WCVEA CU said, "Increased regulations from the state and federal governments have made it harder and harder for us to make ends meet. We have explored all avenues trying to find ways to increase our revenues."(c) 2008 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved.http://www.cujournal.com/ http://www.sourcemedia.com/

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