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55 Hispanic American-Owned Banks and Credit Unions, Sorted by State
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State Employees Credit Union announces new president/chief executive officer
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Unitus Community Credit Union
Harvard Employees University Credit Union
Merced School Employees Federal Credit Union
Kauai Government Employees Federal Credit Union
Larry Blanchard
Geri Burek
The funds will help the Worldwide Foundation meet its 2021 Bridge the Gap campaign goal of $1.7 million. The response from the U.S. credit union system has been overwhelming. During another challenging year for our members and our sector, credit unions once again step forward to support those they have never met or never seen: their global credit union colleagues. With the Challenge continuing to move forward throughout the rest of 2021, I have no doubt other credit unions will step forward and respond to the leadership challenge CUNA Mutual Group has put forth, said Mike Reuter, Executive Director of Worldwide Foundation for Credit Unions.
Infinity Federal Credit Union, which last fall announced it would merge with Illinois-based Deere Employees Credit Union, has completed the deal.
No terms were disclosed. Members of both credit unions approved the merger, according to separate news releases this week.
There will be no staff reductions in staff as a result of the merger, the releases said, and both financial cooperatives will retain their existing brands.
To accommodate the merger, however, Infinity said it has transitioned to a state-chartered credit union and removed “Federal” from its name. Infinity President and CEO Elizabeth Hayes told Mainebiz Friday this was a technical change required under financial regulations because DECU is a state-chartered institution.
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