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Tuesday, 10 January 2012 10:05

UFCU purchases Indiana bank

United Federal Credit Union, headquartered in St. Joseph, announced on Jan. 1 that it completed its purchase of the assets of Griffith Savings Bank, headquartered in Griffith, Ind. The purchase marks the first time a federally chartered credit union has purchased the assets of a state-chartered, FDIC-insured mutual savings bank, according to a statement from UFCU. 

Published in In the News
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