CALABASAS, Calif. – Public meets private, and large meets small in this Net banking merger.
In a $51 million deal, the publicly-traded Digital Insight and privately-held VIFI – two leading Net banking firms in the credit union space – are set to merge, with Digital Insight doing the acquiring.
This story has all sorts of credit union hooks. Not only are they both strong in the industry – Digital Insight with about 600 CU clients and VIFI close to 150 – they were both started by credit union people.
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