ANCHORAGE, Alaska-Alaska USA FCU last week said its CUSO, Alaska USA Insurance Brokers, has agreed to acquire Rainier Pacific Insurance Services, a one-time subsidiary of credit union-convert Rainier Pacific Bank currently owned by Oregon's Umpqua Bank.

The news follows last month's announcement that William Eckhardt, CEO of the $4-billion credit union, resigned from the board of CUNA Mutual Group "as a result of anticipated competing business obligations at Alaska USA Federal Credit Union."

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