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  • State and Federal Regulators Approve Watermark and Sound Credit Union's Plan to Merge
  • May 26, 2011
  • The NCUA and Washington State have given their approval of a $1.1 billion merger between Watermark and Sound Credit Unions.

    Washington's largest proposed merger among credit unions has reached an important milestone. After an in-depth application process, the National Credit Union Administration (NCUA) and Washington State regulators gave their approval of the $1.1 billion merger between Watermark and Sound Credit Unions. Washington State regulators gave approval on March 23, pending NCUA approval. NCUA regulators approved the merger on May 23, 2011. The final step in the process will be an approval by Watermark m...
  • View more at: http://www.1888pressrelease.com/state-and-federal-regulators-approve-watermark-and-sound-cre-pr-305797.html