Merger would meld local credit union with larger one, if approved

Last updated 2/3/2021 at 9:48am

The Coulee Dam branch of the Coulee Dam Federal Credit Union Tuesday afternoon. The headquarter for CDFCU makes good use of a building that was once the Columbia School, built in 1934, and attended by CEO Colleen Manley. - Scott Hunter photo

Coulee Dam Federal Credit Union is seeking approval of regulators to merge with Spokane-based STCU, a joining that would rebrand the local institution but retain jobs and offer more services, both credit unions say.

The move, approved by both institutions' boards of directors in December, will require the approval of state and federal regulators - and a majority of CDFCU's members.

It's a chang...

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