Ariz. CUs to merge.Citing economies of scale, the $61 million Desert Energy Credit Union of Tucson Tucson (t  `sŏn'), city (1990 pop. 405,390), seat of Pima co., SE Ariz.; inc. 1877. , Ariz., has agreed to a voluntary merger with the $330
million Pima Pima (pē`mə), Native North American tribe of S Arizona. They speak the Pima language of the Uto-Aztecan branch of the Aztec-Tanoan linguistic family (see Native American languages). There are two divisions, the Lower Pima and the Upper Pima. FCU FCU Federal Credit UnionFCU Florida Credit Union FCU Fan Coil Unit FCU Fuel Control Unit FCU Flight Control Unit FCU Flexor Carpi Ulnaris FCU Familial Cold Urticaria FCU Fire Control Unit FCU Fused Connection Unit FCU Flow Control Unit . The merger, in the works for more than a year, brings together "two strong credit unions that have had much success," said Nathanael Tarwasokono, president/CEO of Pima, also headquartered in Tucson. Officials acknowledged that both CUs suffered first-quarter losses due to the corporate stabilization Stabilization The action undertakes a country when it buys and sells its own currency to protect its exchange value. Actions registered competitive traders undertake by on the NYSE to meet the exchange requirement that 75% of their traded be stabilizing, meaning that sell orders : Pima reported a $2.3 million loss and Desert Energy was out $451,000. --jrubenstein@cutimes.com |
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