The $10.3 million United Food and Commercial Workers Local 880 Credit Union in Cleveland has merged into the $184 million Firefighters Community Credit Union in Cleveland.
Taking effect Monday, the merger made the 3,600 UFCW members new members of FFCCU, increasing the surviving credit union membership base to 27,500. As part of the merger agreement, the UFCW Local 880 CU closed its doors Nov. 2, and all UFCW member data was transferred and integrated into FFCCU's IT system
“Our goal is to make this merger experience as smooth and positive as possible for everyone,” said Ben Laurendeau, president/CEO of FFCCU. “The transition should be fairly seamless for our new UFCW members.”
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Peter Strozniak
Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
