ENDICOTT, N.Y. — When Visions Federal Credit Union rolled out its trust services program in 2004, the litany of bank mergers happening at the time helped the financial institution offer an alternative to frustrated customers.

Three years later, the $1.9 billion credit union is still seeing the fallout from continued bank consolidation particularly in the area of estate planning, said Frank Berrish, president/CEO of Visions. The credit union was among the first to sign on with a then newly-formed MEMBERS Trust Company, the nation’s first nationally-chartered credit union trust company, which has grown from $64.1 million since its launch in November 2003 to nearly $500 million in assets under management today.

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