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Pentagon FCU, Belvoir FCU to merge in May

Alexandria, Va.-based Pentagon Federal Credit Union will with Woodbridge, Va.-basedBelvoir Federal Credit Unionon May 1.

Pentagon Federal Credit Union will expand its field ofmembership to include the Fort Belvoir military community, which comprises uniformedpersonnel, government employees, defense contractors and family members.

Pentagon Federal Credit Union has nearly $20 billion inassets and 1.4 million members, while Belvoir Federal Credit Union has $320million in assets and more than 26,000 members, according to a March 31 newsrelease.