Syracuses Empower FCU Grows Through Merger
SYRACUSE, N.Y. – Empower FCU, which has grown to $920 million through a series of mergers, has agreed to acquire Providers FCU, a troubled $10 million credit union here.
The merger will add another Syracuse location to Empower’s 19 branches in the region.
“This relationship will provide more services for Providers’ members and another location for all our members,” said Jim Reynolds, senior vice president of operations for Empower. “Best of all for Providers members, it will give them expanded loan offerings.”