DEARBORN, Mich. — DFCU Financial Federal Credit Union headquartered here and Lansing, Mich., based CapCom Credit Union have plans to merge.

The two CUs today filed an application with the state's Office of Financial and Insurance Regulation and the NCUA to merge the two credit unions.

After the merger, the new organization will assume the DFCU Financial Credit Union name and will be a state-chartered credit union under the Office of Financial and Insurance Regulation. It will serve more than 200,000 members with 21 full-service branches and approximately 500 employees.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.