GREENSBORO, N.C.–Two North Carolina credit unions have announced completion of a merger.
The $13-million Lincoln National FCU has merged into the $260-million Summit Credit Union. Lincoln National was chartered in 1935 to serve employees of Lincoln Financial Group and had more than 900 members.
“We have enjoyed assisting Lincoln National Federal Credit Union through the merger process. It will be our pleasure to work with LNFCU members on their path to financial success,” said Sam Whitehurst, president and CEO of Summit Credit Union.
Summit credit union has more than 36,000 members and serves more than 250 companies in North Carolina.