Notre Dame Federal Credit Union in Indiana completes purchase of trust firm

Notre Dame Federal Credit Union in Notre Dame, Indiana, has finalized its purchase of Mission Management and Trust in Tucson, Arizona.

The $904 million-asset credit union plans to expand trust and estate service offerings across its fields of membership.

“Together, we will be able to offer even more services to more individuals in more communities than ever before … putting people over profit, which is an essential part of both companies’ mission, will continue to be the cornerstone of our combined efforts,” Tom Gryp, president and chief executive of Notre Dame FCU, said in a press release on Wednesday.

Notre Dame reported a net income of $11.9 million for 2021, a roughly 65% increase from $7.2 million reported in 2020.

“We look forward to providing even stronger, more extensive services to Mission clients in the years ahead,” Carmen Bermúdez, chairman and CEO of Mission, said in the release.

McQueen Financial Advisors provided strategic insight and advised Notre Dame Federal Credit Union on this transaction.

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