Two local credit unions are now one step closer to completing a merger.
Kohler Credit Union and Shipbuilders Credit Union have announced the successful progression of their merger, having obtained both regulatory and resounding member approval.
In a news release, the two financial institutions explained that the merger would benefit both entities by establishing a “fortified and resilient financial institution, positioned for sustained growth and enhanced member service.”
The members will benefit from “increased convenience through additional branch locations and access to thousands of surcharge-free ATMs nationwide.”
During the consolidation process, Kohler Credit Union and Shipbuilders Credit Union will operate independently while the integration management team works diligently to progress the merger and unification of these two formidable financial institutions.
