The fresh board of one’s new’ borrowing from the bank partnership get eleven participants, six of which come from NEFCU
Otherwise trust me, consider what this deal perform seem like in the event the one another establishments have been in public places exchanged, investor-possessed people. On the to own-cash perform, that will be thought a quit regarding manage efficiently, good takeover.
New $step three billion NEFCU plans to shell out zero consideration whatsoever with the newest people who own new VSECU for the right to deal with just what used to be their borrowing from the bank commitment.