The NCUA announced Monday that Montgomery County Credit Union of Dayton, Ohio merged into Bridge Credit Union of Columbus, Ohio effective Jan. 31.
The Superintendent of the Ohio Division of Financial Institutions placed Montgomery County Credit Union into conservatorship on April 23, 2015 and appointed NCUA as the agent for the conservator. The two agencies worked together to address issues related to the credit union's safety and soundness.
Bridge is a federally insured, state chartered credit union that, prior to the merger, served 7,714 members and had assets of $52 million, according to the credit union's most recent Call Report.
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At the time of the merger, Montgomery County CU was a federally insured, state chartered credit union with 6,254 members and assets of $26,502,980, according to the credit union's most recent Call Report. Chartered in 1963, Montgomery County CU served anyone who lived, worked, worshiped or attended school in Montgomery County, Ohio.
Members can contact Bridge by phone at 614-466-4988 or in person at the credit union's main office at 1980 West Broad Street in Columbus. Bridge is open Monday through Friday from 8 a.m. to 4 p.m. Members can continue to transact business at both the former Montgomery County CU branch locations in Dayton at 409 East Monument Avenue (937-224-4050) and 2222 Philadelphia Drive (937-278-2612).
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