News & Press: Credit Union News

Eau Claire's Royal Credit Union acquiring small bank in Twin Cities

Thursday, April 28, 2016  
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Eau Claire-based Royal Credit Union plans to acquire a small bank in Minnesota, the latest deal in which a large credit union is buying a community bank.

If the transaction receives regulatory approval, Royal expects to take over Capital Bank, of St. Paul, in the second half of this year.

Royal said the acquisition will give it new members and add a branch to its Minnesota territory, which currently includes 12 counties. Milwaukee Journal Sentinel

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