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2 Texas-based CUs to merge

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2 Texas-based CUs to merge

Midlothian, Texas-based TrustUSFederal Credit Union and Arlington, Texas-based Texas Trust Credit Union plan to merge, according to a newsrelease posted July 18 on CUInsight.com.

The press release added that TrustUS FCU's members as well asregulators have approved the merger. The partnership will commence in Septemberwhen a new Midlothian branch opens.

Texas Trust CU plans to retain TrustUS employees. It also willopen a new full-service branch at 201 E. Avenue G in Midlothian.

The combined credit union will have more than $950 million inassets and more than 80,000 members. And it will be the 19th-largest credit unionin Texas and 280th-biggest in the U.S., according to the statement.