AUGUSTA, Ga. (10/2/15)--Members of University Health FCU, Augusta, Ga.,  have approved a merger with Augusta (Ga.) Metro FCU (Augusta Chronicle Oct. 1). The merger was effective Thursday, but University Health members will not be able to use each credit union’s branches interchangeably until operational systems are combined on Dec. 1. “The merger brings our members modern financial tools in the form of electronic products and services, as well as gives them additional branch locations,” said Randy Weed, University Health FCU CEO. “This is a tremendous ‘win-win’ for our members.” With the merger, University Health FCU’s branch will become an Augusta Metro FCU location …

PITTSBURGH (10/2/15)--The Federal Home Loan Bank of Pittsburgh announced today that in the third quarter of 2015 just ended two credit unions joined the bank’s cooperative of thrifts, commercial banks, credit unions, insurance companies and community development financial institutions (CDFIs) in Delaware, Pennsylvania and West Virginia. As members, Inspire FCU, Bristol, Pa., and Philadelphia FCU now have access to FHLB financial services, including low-cost loans (advances), which may be used for community development lending, asset/liability management and general funding …