COLORADO SPRINGS, Colo. — The $90 million Decibel Community Credit Union has merged into $2 billion Ent Credit Union.
Members approved the merger Dec. 18, which became effective Jan. 1, and adds more than 16,000 Decibel members to Ent's 176,000-member base. The consolidation of member information and systems will be completed by April 2007, according to Ent.
"Individually DCCU and Ent are financially strong; working together, we offer the resources and capacity to raise member service to a new level," said Charles Emmer, Ent president/CEO.
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DCCU was founded in 1938 to serve Pueblo-area employees of the Bell System Telephone Company and is one of the first credit unions chartered in Colorado. Ent is the largest credit union in the state.
"DCCU and Ent share a mutual commitment to personalized member service," said D. David McKinsey, chairman of DCCU. "Both institutions are committed to the credit union movement and its mission of 'people helping people.' We are confident our members will enjoy the expanded services and opportunities Ent can offer."
Emmer said the merger would also help to serve the underserved markets in Pueblo County.
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