JACKSON, Mich. — Cascades Credit Union announced last week that it plans to merge its membership with EECU-A Community Credit Union by first quarter 2009.
Cascades CU has $27 million in assets and 7,000 members and will merge into the $78 million in assets and 11,500-member EECU-A Community CU. Cascades members will have the opportunity to vote on the merger. Both boards of directors voted unanimously for the merger.
"We're very excited about this potential partnership," said Steve Cobb, president/CEO of EECU. "Cascades shares many of the same values that we do, and we are confident that their team is committed to providing the best possible financial services to members."
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
