MADISON, Wis. – Heritage CU, chartered to serve employees of Oscar Mayer & Co., will pick up a single branch with a deal to merge Truax CU.

The branch is located at the Dane County Regional Airport and serves military employees.

The $6-million, Madison-based Truax, chartered in 1956, lost $211,000 for the first six months of the year.

Heritage CU has $220 million in assets and nine branches in Wisconsin and Illinois.


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