MADISON, Wis. — Summit Credit Union of Madison, Wisconsin announced that it has completed its merger with Educational Employees Credit Union (EECU) of Janesville, Wis.
The merger, which was first announced in February 2015, was approved by the Wisconsin Department of Financial Institutions and the NCUA in April 2015.
Post-merger, Summit CU now has total assets of $2.3 billion and 147,000 members across Wisconsin.
Barbara Berken, who formerly served as CEO of EECU, will continue on in a "leadership capacity" at Summit CU, according to a Summit statement.
The former members of EECU are now members of Summit CU and will have access to 30 more branches in the Milwaukee and Madison markets, as well as the numerous Shared Service Center Network locations, phone and web account services and a member service contact center in Madison.
