The $31 million, 5,974-member Price Credit Union in Prentice,Wis., will merge with the $225 million, 22,751-member Heritage Credit Union in Madison, Wis., on April 30.
|Price CU operates three branches in northern Wisconsin. Themerger will bring Heritage's branch count to 10. The creditunion also operates two branches in Illinois.
|Bob Lestina, Heritage CU's CEO/president, said the merger willexpand Heritage's presence in northern Wisconsin.
|This merger represents the second for Heritage CU in less than ayear. In June 2012, the $5.6 million Truax Credit Union in Madisonmerged with Heritage CU.
|Meanwhile in Ohio, the $2 million, 295-member Burgess &Niple Employees Credit Union in Columbus merged with the $187million, 24,826-member Pathways Financial Credit Union in Columbus on April 1.
|The merger with Burgess & Niple Employees Credit Union isthe first merger since three credit unions combined to becomePathways Financial Credit Union.
|Last Aug. 1, the $52 million Members First, the $62 millionPowerco and $65 million Western credit unions merged to formPathways FCU. It is believed to have been the first triple mergerof credit unions in the state.
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