MORTON GROVE, Ill.–Two Illinois Credit Unions are reporting they have completed a merger.
Partnership Financial Credit Union (PFCU) and Glenview Credit Union (GCU) said they have now combined operations, with Partnership Financial the continuing operation. The CU now serves 12,000 members with more than $215-million in assets.
PFCU CEO Mary Ann Pusateri will continue in the role, while GCU CEO Dan Stojanovic will serve as president. The credit union employees 38 people in five branches in the northern suburbs of Chicago.
"The partnership of our two strong, healthy credit unions will provide us with the scale we need, to innovate and to dedicate resources to deliver exceptional member experiences, both in-person and digitally," Pusateri said in a released statement.
Stojanovic added the combination of the two credit unions will give the new PFCU "a competitive edge that will enable us to offer best-of-breed products and services to our growing member base.”