Memphis’ Largest Credit Union Buys One of Its Largest Independent Banks

Orion Federal Credit Union, a $1 billion market leader in Memphis, Tenn., announced plans to acquire $775 million Federal Financial Bank in August 2021. Federal Financial specializes in commercial lending, another example of credit union mission drift away from the 1934 Federal Credit Union Act.

Read more.

See the impact on taxes in your state.

Tell Congress: It’s time to reform credit unions.