WINSTON-SALEM, N.C. —Truliant FCU said it plans to merge in WJC FCU, which will expand Truliant’s footprint in Southwest Virginia, where it already operates two branches.
The $3.2-billion Truliant said the merger will provide members of the $5.3-million WJC FCU with greater access to digital banking tools, products and services. Truliant currently has two locations in southwest Virginia.
“We’re excited to welcome WJC members into the Truliant family. We celebrate the cooperative spirit and share the same commitment to our members and the respective communities we each have been serving for decades,” Truliant President and CEO Todd Hall said in a statement. “By working closely with WJC on a smooth transition, members will have options for easier account access, more services and improved technology.”
Founded in 1982 to serve employees of Columbus McKinnon, WJC serves the southwest Virginia market and has about 1,000 members. Truliant said the merger transition will take place during the first six months of 2021.
The merger expands Truliant’s membership to an additional five counties: Washington, Smyth, Grayson, Russell in Virginia and Johnson County in Tennessee.