Wednesday, October 14, 2015

Michigan Combination Will Be Largest Merger in CU History

Lake Michigan Credit Union (LMCU) of Grand Rapids and United Federal Credit Union (UFCU) of St. Joseph announced they will merge, creating the nation's 19th largest credit union.

The combined credit union will serve about 500,000 members with total assets of more than $6 billion with 78 locations in seven states.

United Federal Credit Union will become United Credit Union when the merger is complete and both credit unions are consolidated under Lake Michigan's state charter.

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