VANCOUVER, Wash. – City Employees of Clark County Federal Credit Union and iQ Credit Union have announced their decision to merge. Together, both credit unions will serve more than 37,500 members with assets of $306 million and will have more than 160 employees. Benefits to the members of a combined credit union would include eight full-service branches, some with Saturday hours, 24 locally-owned ATMs and access to more than 19,000 free ATMs nationwide through the CO-OP Network, both credit unions said. In addition, members will have access to a comprehensive package of lending choices, small business loans, free online and bill payer services, and free financial planning. While some City Employees of Clark County FCU staff may move to positions at the iQ Credit Union administration office, many will remain at the downtown branch location here, according to both credit unions. "Members will continue to see familiar faces and receive the personal care and service provided by City Employees staff," said David Quint, interim CEO, City Employees of Clark County FCU. The merger plan has received regulatory approval and is contingent upon a vote of City Employees of Clark County FCU membership. The expected date of the merger will be April 1. "Both credit unions have deep roots in the Clark County area, serving public employees," said Roger Michaelis, president/CEO of iQ Credit Union. "We have a shared philosophy of member service and believe in giving back to our community. Our focus remains to provide members in our local community with increased convenience through excellent products and services." iQ Credit Union was established in 1940 as Clark County School Employees Credit Union and now serves anyone that lives or works in the state of Washington. City Employees of Clark County FCU was established in 1954 as Vancouver Employees Credit Union and now serves city employees and other employer groups throughout Clark County. [email protected]

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