Monday, September 12, 2011

Market USA gets another credit union


Regulators have cleared Laurel-based Market USA Federal Credit Union to acquire National Capital Federal Credit Union of Landover, marking the second such merger in the Washington area in less than a month.

Market USA FCU, which serves multiple groups in the area, will boast $99 million in assets and 21,944 members once the deal closes at the end of the month. Employees from both institutions will stay on, including chief executive Joann Talbot, who will become vice president of administration, said Market USA FCU chief executive Robert McClosky.

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