The $2.4 million St. John's Federal Credit Union in San Marco, Texas, has merged into the $500 million Greater TEXAS Federal Credit Union, the larger credit union said.
Greater TEXAS FCU said it acquired all of St. John's FCU's assets, rights, property, shares and liabilities. The credit union said the merger provides St. John's FCU's members with additional financial products and services, including online account opening, online banking, free bill pay services, home mortgages and an extended offering of savings and loan products.
This is the sixth credit union to merge into Greater TEXAS FCU, the Austin-based institution said.
The St. John's FCU branch located at 329 Cheatham St. in San Marcos has been remodeled and will be Greater TEXAS FCU's 17th branch, Greater TEXAS FCU said.
Founded in 1951 to serve the members of St. John's Catholic Church in San Marcos and their families, St. John's FCU had 779 members at the time of the merger.
Greater TEXAS FCU said it currently serves more than 67,000 members, more than 12 underserved Texas communities and more than 160 select employee groups.
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Natasha Chilingerian
Natasha Chilingerian has been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.
