BURBANK, Calif. — Add Partners Federal Credit Union and Vista Federal Credit Union, which serve employees of The Walt Disney Company, to the growing number of credit union mergers.
Recently, the NCUA, Federal Trade Commission and 89% of voting Vista members approved the merged organization, which will be called Partners Federal Credit Union.
Vista FCU's John Janclaes will serve as president/CEO of the combined credit union and Penny Tonn, president/CEO of the current Partners FCU will assume the role of senior vice president/ombudsman.
With an asset base of more than $825 million and approximately 250 staff members, the combined credit union will serve nearly 100,000 members.
The credit unions are slated to merge effective November 5, 2007.
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