The Many Benefits of Mergers
Mergers can significantly benefit members, volunteers, employees and the credit unions—it is the Board and Management’s responsibility to always make active decisions in the best interest of the membership. 

For Members…
Combining the strengths of both organizations translates to considerable benefits for all members:

  • Expanded Branch Network
    -- Enhanced convenience as the credit unions combine their branch networks
  • Access to More Products and Services
    -- Ability to gain services that had formerly only been offered by one of the credit unions
  • Better Pricing and Rates
    -- A result of economies of scale
  • Enhanced Technology
    -- A benefit of economies of scope
  • Excellent Member Service
    -- Continued service by the same staff they have come to know at their credit union
  • Future Staying Power of the Credit Union
    -- Increased capital, and diversification of portfolios and membership build strength for the future
  • Representation on the Board of Directors
    -- The acquired credit union continues with seats on the Board
  • Bigger Competitor in the Marketplace
    -- Economies of scale position the credit union for the future
  • Member-Owned Not-for-Profit Status
    -- Retain credit union philosophies and values