Credit Unions Announcing Name Changes, Mergers
National Guard Credit Union here is changing its name to Guardian Credit Union. The credit union said it will continue to serve members of the National Guard but is also now open to residents of Montgomery, Autauga and Elmore Counties.
SEATTLE- Evergreen Postal Employees Credit Union has expanded its field of membership to anyone living or working in Washington State. With the expansion it is also changing its name to Community 1st Credit Union, and will use the new advertising tagline, "Putting your banking needs first." The credit union currently has four branches in Shoreline, South Seattle, Tacoma and Yakima.
SPOKANE, Wash.-Spokane Postal CU has changed its name to Progressions Credit Union. Founded in 1928, the $41-million CU serves more than 5,800 members, less than 25% of whom now work for the Post Office, according to CEO Mari Strenge.
LAKE JACKSON, Texas-The $800-million Texas Dow Employees Credit Union and the $74-million Texas Crossroads FCU have announced plans to merge. Together the two Cus will serve approximately 85,000 members and employs 250 people. The combined market area will encompass 11 counties, including seven counties in which Texas Crossroads FCU has a community charter. Former CUNA President Jim Williams is president at Texas Crossroads. Ed Speed, president of TDECU, will be president of the combined operations.
AUGUSTA, Ga.-The $50-million Augusta Metro FCU has been approved by NCUA to serve everyone who lives, works, worships or attends school in, businesses and other legal entities located in Columbia, Richmond, Burke and McDuffie Counties, Georgia as well as Aiken and Edgefield Counties, South Carolina.