LOCAL CREDIT UNION CHANGING HANDS



San Jose - Willow Glen's Valley Credit Union is officially handing over the keys to an out-of-state banking group. Service will resume Friday without many visible changes at Valley Credit's three bank branches.

The credit union was facing the possibility of failure, so it sold itself to Illinois-chartered Citizens Equity Financial Credit Union.

Valley Credit plans to retain about 90% of its staff in the changeover.


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