Credit union mergers finalized.
Credit unions in Ohio and New York recently finalized mergers.
The $18.1 million American Chemical Society Federal Credit Union in Columbus, Ohio, officially merged with the $260 million Pathways Financial Credit Union also based in Columbus on Dec. 1.
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Pathways Financial Credit Union, which currently operates six branches throughout central Ohio and serves nearly 28,000 members, will add ACSFCU's two branches in Columbus and Washington, D.C. ACSFCU's five full-time employees will join the Pathways team.
ACSFCU was chartered in 1961 and served 1,669 members.
In New York, the $684,431 Delmar Owens Corning Fiberglass Federal Credit Union in Feura Bush officially merged into the $652 million Sunmark Federal Credit Union in Latham, N.Y. on Monday.
The Delmar OCU Federal Credit Union's sole branch will be listed in the Sunmark portfolio as the Sunmark Owens Corning branch, but it will be accessible to Owens Corning employees only, Sunmark FCU said in a prepared statement.
Sunmark operates nine branches and serves more than 57,000 members.
Delmar OCU was chartered in 1976 and served 126 members.
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Peter Strozniak
Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
