DePaul Federal Credit Union and Maryview Hospital Employees Federal Credit Union, Norfolk, Va., have announced a merger effective July 1, 2000. The new credit union will be named Summit FCU. Milly Diaz will be the CEO of Summit FCU and Cindy Raney will be the assistant manager of Summit FCU's Maryview branch. The $2.14 million MHEFCU serves 1,253 members. DFCU has $7.23 million in assets and serves 1,603 members. Duncan Meter Employees Federal Credit Union, West Lafayette, Ind., has elected to merge with Purdue Employees Federal Credit Union. The merger has been approved by the National Credit Union Administration. At the time of the merger DMEFCU had $530,000 in assets and approximately 700 members. PEFCU President William Connors said he looks forward to serving the new members and that PEFCU is working to ensure a smooth transition. PEFCU has $265.6 million in assets and serves over 56,000 members.
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