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First U.S. Community CU completes acquisition of McClatchy Employees CU

First U.S. Community CU completed its acquisition of McClatchy Employees CU on July 1, according to the California Department of Business Oversight's August bulletin.

The two Sacramento, Calif.-based credit unions filed their merger application in February. The regulator approved the deal in March.

The combined credit union will have total assets of more than $397 million, based on June 30 data from S&P Global Market Intelligence.