Merger

STRATMOR Group, a mortgage advisory firm, has merged with Teraverde, an award-winning mortgage advisory and technology solutions provider. Both firms will operate under the STRATMOR brand in the near future.

The National Credit Union Administration (NCUA) recently awarded ORNL Federal Credit Union (ORNL FCU), the second largest federally chartered credit union in the state of Tennessee, a merger with Lowland Credit Union (LCU). Following state regulatory approval and LCU member’s vote of approval, the merger was effective May 1, 2024. ORNL FCU is the continuing credit union, with LCU employees and members now ORNL FCU employees and members.