New Mexico Credit Union To Merge With PenFed

9/20/16

Members of New Mexico-based High Plains Federal Credit Union have voted to merge with Alexandria-based PenFed Credit Union.

Under the merger, more than 6,000 members will join PenFed, which has 1.4 million members worldwide and $20 billion in assets.

PenFed was established in 1935 as the War Department Credit Union.

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