A pair of Indianapolis credit unions – the $62 million,10,835-member Horizon One Federal Credit Union and the $430million, 46,984-member Financial Center Federal Credit Union – said they plan to April1.
|Horizon One President/CEO Ann Garmon will retire in the nextmonth, the credit unions said in their announcement. All of HorizonOne FCU's 15 employees are being offered new positions withFinancial Center FCU. Financial Center said it currently has 144employees.
|The majority of Horizon One FCU members voted in favor ofmerging into Financial Center FCU last week, the credit unionssaid.
|“Expanding into the counties surrounding Marion County has beena goal of ours since last year. We're looking forward tooffering Financial Center's extensive business and consumerfinancial products lineup to the Greenwood market,” said KevinRyan, president/CEO of Financial Center FCU.
|Horizon One was founded in 1949 to serve members in theautomotive manufacturing industry.
|Financial Center was founded in 1953 to serve military personnelFort Benjamin Harrison, has seven Indianapolis branches and fourstudent centers branches and now serves people who live, work,worship, attend school or volunteer in Boone, Brown, Hamilton,Hancock, Hendricks, Johnson, Marion, Morgan, Putnam and Shelbycounties.
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