CU Says The Clear Choice Was To Merge

WYOMISSING, Penn.­–ClearChoice FCUl has made its choice: to merge.

The $15.2-million ClearChoice said it will merge into the $1.2-billion Utilities Employees Credit Union in Spring Township, Penn.

"We are excited to welcome ClearChoice members, and look forward to the opportunity to deepen our relationships with their utility and energy-select employee groups and to build new relationships with other partner companies," said Patricia Zyma, UECU's president and CEO, in a statement.

Louise Lingenfelser, president and CEO of ClearChoice, added, "The board and management are very excited to see the partnership with Utilities Employees and ClearChoice come to fruition. It's a natural fit, as both credit unions have the utility industry as our core field of membership. Not only will the ClearChoice members have access to UECU's extensive product line, services, and rates, they will also experience the exceptional personal service they have grown accustomed to over the past 60 years."

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