Fort Worth Telco Credit Union announced that it will merge with Fort Worth-based EECU, effective May 31.
“EECU has a long-standing relationship with Fort Worth Telco Credit Union and its leadership,” said Lonnie Nicholson, president/CEO of EECU. “The decision to merge seemed like a natural extension of the relationship between the two credit unions. We are excited to enhance the products, services and delivery options provided to Telco's members.”
EECU serves more than 167,000 members.
“We feel this merger will be extremely beneficial to our members as they will have access to resources not currently available to them,” said Ron Reed, Fort Worth Telco Credit Union president. “Having been our neighbor in Fort Worth for 33 years, we're confident in EECU's commitment to upholding the high standards of service our members are used to.”
The merger, which is already in progress and scheduled for completion on May 31, will transfer 5,000 Fort Worth Telco accounts to EECU.
Continue Reading for Free
Register and gain access to:
- 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.
