CU Hurt by Housing to Merge

The CEO of Synergy One Federal Credit Union, whose branches are located in Prince William County, Va., said the institution’s pending acquisition by Apple Federal Credit Union, Fairfax, Va., is being caused by how the economy is affecting the area’s housing market.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_410/cu-hurt-by-housing-to-merge-1026123-1.html?CMP=OTC-RSS

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