trending Market Intelligence /marketintelligence/en/news-insights/trending/TfvRLD0uS3t3-5rYyfRLJg2 content esgSubNav
In This List

Soo Select CU, Pennington Municipal & County Employees CU complete merger

Podcast

Street Talk Episode 78: The case to build deposits in a market flush with cash

Podcast

Street Talk Episode 79: More attractive premiums for bank M&A targets coming

Blog

Banking Essentials Newsletter: June Edition, Part - 2

Blog

Insight Weekly: Fed's policy stance; overdrafts under scrutiny; energy stocks rally


Soo Select CU, Pennington Municipal & County Employees CU complete merger

In Thief River Falls, Minn., Soo Select CU completed its merger with Pennington Municipal & County Employees CU.

The acquisition was effective July 1, according to a July 20 report by the State of Minnesota Division of Financial Institutions, which was recently obtained by S&P Global Market Intelligence.

The National Credit Union Administration approved the deal in May.

As of June 30, Soo Select CU had $13.4 million in assets, while Pennington Municipal & County Employees CU had $1.6 million in assets.