SunCorp Plans Town Hall Meetings to Sell WesCorp Merger

WESTMINSTER, Colo. – In announcing its merger with WesCorp FCU, SunCorp said yesterday the move is aimed at delivering value to its natural-person credit union members. “The board clearly saw WesCorp as the best partner to help us maintain and grow the level of quality service and innovative products that SunCorp members need for success in today’s competitive marketplace,” said SunCorp PresidentTom Graham in a released statement. SunCorp said it is now planning a series of town hall meetings throughout its Rocky Mountain market with member credit unions. SunCorp., formally Systems United Corporate FCU, said a member vote will occur in June or July, adding it will retain its Denver and Salt Lake City offices. San Dimas, Calif.-based WesCorp, formally Western Corporate FCU, is the largest corporate with $28 billion in assets. SunCorp, itself the product of a 2001 merger with Rocky Mountain Corporate CU, reported it provides services to more than 500 credit unions and CUSOs across 20 states.

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