MOLINE, Ill. – IH Mississippi Valley CU, the state’s sixth-largest credit union, on Saturday held an open house in nearby Galesburg to celebrate its acquisition of Midwest Community CU.
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IH Mississippi Valley CU has more than $525 million in assets, while Midwest Community CU has almost $20 million.
Separately, Toledo Area Community CU, the seventh-largest credit union in Ohio, said it is negotiating a merger with Erie Shores CU, the area’s third-largest credit union, to create the state’s fourth-largest credit union, with almost $500 million in assets.
