EAGAN, Minn. – Minnesota Corporate is celebrating its 20th and what could be its last year as an independent corporate. Minnesota Corporate is in the process of merging with Mid-States Corporate, where Mid-States will be the surviving corporate. However, Minnesota's offices will be left intact and current Minnesota Corporate President/CEO Lewis Lambert will head up Mid-States' Minnesota Operations. Lambert has been with Minnesota Corporate for 13 years. "Although we've done very well and have a solid organization, we know it's important to take steps to ensure credit unions have the financial products they'll need in the future," said Lambert. "With thin margins resulting from low interest rates, an increasing number of corporate mergers and growing competition, it makes the most sense to look for creative ways to serve our members," said Lambert. "Merging with Mid-States will ensure that credit unions continue to receive high-quality service and take advantage of a broader range of financial products." The corporate will celebrate its 20th anniversary in conjunction with its annual business meeting and workshops, scheduled for April 11-12. Mid-States President/CEO Dave Preter will be the guest speaker.

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