KANSAS CITY, Mo. – Credit union giant CommunityAmerica CU yesterday said it finished its acquisition of Midwest United CU, the $175 million Blue Springs, Mo.-based institution, and one of several big credit union mergers in the works.
The merger combines the state’s largest credit union, CommunityAmerica, with its ninth-largest, Midwest United. CommunityAmerica now has assets of about $1.7 billion and serves 168,000 members at 23 branches in the Kansas City area, and one branch each in Topeka and St. Louis.
Other big mergers in the process include: Western FCU with Toyota FCU; Meriwest CU with Golden Bay CU and SAFE CU with Capital Power CU.
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