The $326 million, 58,400-member Mainstreet Credit Union inLenexa, Kan., said Thursday it has completed the merger of the655-member Bonner Springs Federal Credit Union in Bonner Springs,Kan.
|Mainstreet CU said the official merger date was Oct. 31 and thatthe former members of Bonner Springs FCU received full access totheir new credit union's online and ATM services and 10 branches inthe Kansas City area as of Jan. 1.
|The merged credit union's employees also remain in place,Mainstreet CU said.
|The Bonner Springs merger is the latest in a series overthe past few years that also included taking in Free State CUin Lawrence, Leavenworth Teachers' and Community CU, FaithFinancial FCU in Kansas City and Wyandotte Credit Union.
|“Today's economy, changing regulations and consumers' desire formobile accessibility makes it more difficult for smallerinstitutions to compete in the marketplace,” said John Beverlin,president/CEO of Mainstreet Credit Union. “We welcome our newmembers from Bonner Springs Federal Credit Union and look forwardto providing them the high-quality service and financial productsthey need.”
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