LA GRANDE, Ore.–Two Eastern Oregon credit unions said they will merge.
The $30-million Union-Wallowa Baker FCU is merging into the $135-million Old West FCU in John Day, Ore. The combined credit union will serve approximately 12,000 members.
Union-Wallowa Baker Manager Mike Howton will continue to manage the credit union’s single location, and the rest of the staff will remain, as well, the two organizations aid.
“The ability to offer home loans, ag and business loans and deposit accounts will be a tremendous opportunity for our members,” Howton said in a released statement. “When Main Street can do business with a local financial institution, great things can happen in our communities.”
Old West FCU is led by president and CEO Ken Olson.
Meanwhile, in Kentwood, Mich., the $180-million Community West Credit Union and the $19-million Tradewinds Credit Union have announced merger plans. "This partnership provides great opportunities for these two strong, established credit unions," said Jon Looman, president and CEO of Community West Credit Union, in a released statement. "It will allow Community West to extend financial services to more members in West Michigan while enabling Tradewinds Credit Union to provide the convenience of additional branches in Grandville, Hudsonville, Kentwood, Middleville and Rockford."