South Florida CUs Combine

PEMBROKE PINES, Fla. – Power Financial CU announced yesterday it has completed its merger with Pan Am Horizons FCU, creating a credit union with $500 million in assets serving 60,000 members. Henry Prior, president and CEO of Power Financial, will commemorate the merger next Tuesday by unearthing a time capsule that was buried 25 years ago at Pan Am Horizons offices, and he will be accompanied by Roscoe Warren, mayor of the city of Homestead, other elected officials and Florida CU League President Guy Hood. The newly combined credit unions, to be known as Power Financial CU, will bury a new time capsule to be opened in 25 years.