Michigan State University Federal Credit Union Announces Agreement to Acquire Algonquin State Bank
Michigan State University Federal Credit Union (MSUFCU) has entered into a definitive purchase and assumption agreement with Algonquin, IL based Algonquin State Bank and its parent holding company, First Algonquin Company. Pursuant to the definitive agreement, MSUFCU will purchase substantially all assets and assume substantially all liabilities of Algonquin State......