ALBANY, N.Y. -Capital Communications Federal Credit Union and Silicone Employees Federal Credit Union have merged effective November 20, 2004. Capital Communications FCU will retain all current employees and branch locations of Silicone Employees FCU. A new branch is slated to open in Clifton Park during December and a fifth branch opening is planned in Schenectady County for early 2005. In addition, two existing Silicone Employees FCU board members will be added to the Capital Communications FCU board. “With our commitment to convenience and unparalleled service, we embrace this new opportunity and welcome Silicone Employees FCU members into our family of members with open arms,” Capital Communications FCU President/CEO Paula Stopera said. “We look forward to being able to improve the products and services offered to our new members through this merger, and commit to them that we will be a part of their families’ financial needs well into the future.” Silicone Employees FCU has assets of $16 million and Capital Communications FCU has $386 million in assets.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.