OGDEN, Utah—The merger of Goldenwest and Health Care Credit Union has been approved after a special meeting of HCCU members. The merger is expected to be completed in the first quarter of 2017.
“We were thrilled the membership was 100% supportive of the proposed merger,” Health Care CU President/CEO Scot Baumgartner told Utah Business following the member vote. “We’re excited about the opportunities for Healthcare Credit Union members and employees going forward.”
In October, CUToday.info reported that the $1.2-billion Goldenwest CU intended to acquire the $75-million Salt Lake City-based Health Care Credit Union.
“This merger will provide Health Care Credit Union members with the best financial products and services available in the market today and into the future,” stated Baumgartner in October. “In particular, we’re excited to significantly increase our technology-based services through Goldenwest’s popular online and mobile banking platforms.”