AACFCU, Wiregrass FCU plan merger

An article in the Dothan Eagle announced that Army Aviation Center Federal Credit Union and Wiregreass Federal Credit Union are planning a merger to better serve their members. Plans are to finalize the merger on March 1, though the two organizations will officially come together in May. According to the article, “Wiregrass FCU board members […]

An article in the Dothan Eagle announced that Army Aviation Center Federal Credit Union and Wiregreass Federal Credit Union are planning a merger to better serve their members. Plans are to finalize the merger on March 1, though the two organizations will officially come together in May.

According to the article, “Wiregrass FCU board members recommended the merger given AACFCU’s similar culture and ‘commitment to superior service and employee loyalty.’ The board also noted regulatory burdens had become ‘challenging’ for the small credit union.”

Read the full story here.

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The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

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