JACKSON, Mich.–Members of the $29-million Jackson Community FCU here have voted in favor of merging into the $142.2-million BlueOx Credit Union. The merger is scheduled to be effective Jan. 1, 2018.
Prior to the merger, Jackson Community had told members on its website that the merger would provide for a more secure future (noting that small CUs such as JCFCU are “suffering under a huge regulatory burden”), that all staff will be retained, that there will be more branches available and more products and services to serve members.
Jackson Community has approximately 4,900 members who will be joining the nearly 15,000 at Blue Ox, which is headquartered in Battle Creek, Mich.