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Wings Financial Credit Union to Acquire Settlers Bank

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Wings Financial Credit Union to acquire Brainerd Savings & Loan

Wings Financial Credit Union to acquire Brainerd Savings & Loan The transaction, which requires approval by state and federal regulators, is expected to close by May 31. When the merger is complete, the location will be rebranded as a Wings Financial branch, and the bank’s members will be enrolled as members of the credit union. Written By: Brainerd Dispatch | × Brainerd Savings & Loan in downtown Brainerd. Apple Valley-based Wings Financial Credit Union and Brainerd Savings & Loan announced Jan. 25 the two organizations have reached an agreement for Wings to acquire the bank, including its branch location in Brainerd. The transaction, which requires approval by state and federal regulators, is expected to close by May 31. When the merger is complete, the location will be rebranded as a Wings Financial branch, and the bank’s members will be enrolled as members of the credit union.

Wings Financial CU Selects Access Softeks EasyVest Robo-Advisor

($6.5 billion in assets) will now offer Access Softek’s EasyVest robo-advisor investing solution to its more than 300,000 members to make investing simpler and more accessible. Access Softek, Inc., an omnichannel digital banking platform provider, created EasyVest to give financial institutions a solution that simplifies investing and makes it available to the average member for a minimum as low as $200. With the increasing level of competition in the wealth management space, Access Softek’s EasyVest is the first and only robo-advisor that seamlessly integrates into online banking to help credit unions enhance their wealth management programs and compete with third-party investment apps.