A pair of Indianapolis credit unions – the $62 million, 10,835-member Horizon One Federal Credit Union and the $430 million, 46,984-member Financial Center Federal Credit Union – said they plan to April 1.
Horizon One President/CEO Ann Garmon will retire in the next month, the credit unions said in their announcement. All of Horizon One FCU's 15 employees are being offered new positions with Financial Center FCU. Financial Center said it currently has 144 employees.
The majority of Horizon One FCU members voted in favor of merging into Financial Center FCU last week, the credit unions said.
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.