The $2.4 million St. John’s Federal Credit Union in San Marco, Texas, has merged into the $500 million Greater TEXAS Federal Credit Union, the larger credit union said.
Greater TEXAS FCU said it acquired all of St. John’s FCU’s assets, rights, property, shares and liabilities. The credit union said the merger provides St. John’s FCU’s members with additional financial products and services, including online account opening, online banking, free bill pay services, home mortgages and an extended offering of savings and loan products.
This is the sixth credit union to merge into Greater TEXAS FCU, the Austin-based institution said.
The St. John’s FCU branch located at 329 Cheatham St. in San Marcos has been remodeled and will be Greater TEXAS FCU’s 17th branch, Greater TEXAS FCU said.
Founded in 1951 to serve the members of St. John’s Catholic Church in San Marcos and their families, St. John’s FCU had 779 members at the time of the merger.
Greater TEXAS FCU said it currently serves more than 67,000 members, more than 12 underserved Texas communities and more than 160 select employee groups.