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Horizon and Empower Credit Unions to Merge This Fall
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Horizon and Empower Credit Unions to Merge This Fall
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Horizon and Empower Credit Unions to Merge This Fall
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Binghamton Credit Union Members to Vote on Proposed Merger
Members of a Binghamton-based credit union will meet to decide the fate of a plan to merge with a central New York institution.
The Horizons Federal Credit Union board of directors has approved a plan to merge with Empower Federal Credit Union of Syracuse.
Horizons members are expected to vote on the proposal at a meeting in Binghamton next month.
The credit union s primary office is at 120 Main Street in Binghamton. It operates branches in Endwell and Vestal.
The directors of Horizons and Empower have concluded the merger would make possible enhanced products and services. The move also would reduce operating expenses.
Company news: Empower Federal Credit Union announces two promotions
Updated Feb 16, 2021;
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Pete Thomson and
Mike Dunne.
Pete Thomson has been named vice president, commercial credit officer in the business lending department. A graduate of the
State University of New York at Buffalo with a bachelor of science degree in business administration, he has more than 30 years of banking experience including 13 years in commercial lending to businesses in New York State. He also has been active in community initiatives involving commercial redevelopment of inner-city neighborhoods and leadership in youth sports organizations.
Mike Dunne has been named vice president, commercial loan officer in the business lending department. He graduated from