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Sandia Laboratory Federal Credit Union announces merger with Farmington-based Animas Credit Union

Sandia Laboratory Federal Credit Union, one of the state’s largest credit unions, plans to expand into a new market.

The Albuquerque-based credit union announced last month that it plans to merge with Farmington-based Animas Credit Union. The deal will bring new services to Animas members, and would open the New Mexico’s northern market for Sandia Laboratory Federal Credit Union.

The merger is set to close around the end of the first quarter of next year, said Sandia Laboratory FCU President and…

Source: The Business Journal

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