Utah Merger Sees Two Ogden Credit Unions Consolidate on July 1
The $61 million SummitOne Federal Credit Union in Ogden, Utah, will merge with the $187 million Wasatch Peaks Federal Credit Union, also in Ogden, on July 1, the credit unions said.
SummitOne members approved the merger last week at the credit union’s annual meeting. Of the credit union’s 6,129 members, more than 1,000 members voted. According to SummitOne, 91% voted in favor of the merger.