COLUMBUS, Ohio–Two Ohio credit unions said they have completed their merger.
The $454-million Pathways Financial CU, which serves more than 37,400 members, said it has absorbed the $38-million, Dayton-based Standard Register FCU and its 3,500 members.
“This strategic merger expands our capacity and ability to offer competitive financial products and cutting-edge digital solutions to more of our members in the Dayton area market,” said Michael Shafer, CEO of Pathways. “We will also benefit by continuing to build a platform for continued growth throughout Ohio.”
Standard Register Federal Credit Union’s single location at 175 Campbell Street near downtown Dayton will continue to operate as a branch of Pathways Financial Credit Union. Along with Pathways’ five Incenta division offices in Dayton and Springfield, the Campbell Street location will provide Pathways members with a total of six branch locations in the Dayton and Springfield areas, the credit union reported.
“This merger is the beginning of a new era of opportunity for our members,” said Michael Frankey, president/CEO of Standard Register Federal Credit Union. “We’re happy to be part of it, and look forward to what the future will bring in terms of new products and services to help both current and prospective members in our community achieve their financial goals.”