MANHATTAN, Kan.–Two Kansas credit unions say they have completed a merger.
The $120-million Kansas State University CU (K-State) said it has merged in the $1.37-million Enterprise Credit Union, which had just 300 members. ECU had been chartered in the Kansas city of the same name.
The two credit unions are about 40 miles apart.
“This merger marks a pivotal moment in K-State Credit Union history,” CEO LaRae Kraemer said in statement. “By joining forces with Enterprise Credit Union, we are poised to assist more people in our region and their families and continue our mission’s philosophy, which is what credit unions are all about, people helping people. Together, we will continue to innovate, provide exceptional service and drive value for our members.”
In the merger, the union will integrate products and services, offering members a larger range of financial solutions tailored to meet evolving needs.
K-State said the merger will increase the size of its field of membership, and it is now open to people in the Kansas counties of Cloud, Clay, Dickinson, Saline, Morris, Geary, Riley, McPherson, Ottawa and Pottawatomie.
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