Tuesday, August 13, 2019

Merger Will Create $2.1 Billion CU

Crain's Chicago Business is reporting that Consumers Credit Union (Gurnee, IL) and Andigo Credit Union (Schaumburg, IL) have announced their intention to merge.

Andigo Credit Union has $865 million in assets and Consumers Credit Union has $1.2 billion in assets.

The merger requires regulatory approval and a favorable vote by Andigo CU's members.

The merger is expected to close by the end of the year.

Read the article.

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