BOWLING GREEN, Ky.–Service One Credit Union here said it has entered into an agreement with MidWest America FCU to assume ownership of branches in Scottsville and Hopkinsville, Ky., both of which are in the southern part of the state just north of Tennessee.
The $216.3-million Service One said it plans to retain all current MWAFCU staff as the MWAFCU become members of Service One.
The $800-million Midwest America, which has more than 55,000 members, is based in Fort Wayne, Ind.
The branches are to reopen on Aug. 1 as SOCU offices.
“Our desire to expand our member service commitment to this area of the stat coincided with MWAFCU’s decision to exit the Kentucky market,” said SOCU President and CEO Rebecca Stone. “We are excited to welcome the MWAFCU staff and membership to our SOCU family.”