In the end it wasn't any one thing that led the Inspire Community Development Federal Credit Union to look for a merger partner. It was the impact of many smaller things.
Chartered in the spring of 2010 in Battle Creek, Mich., the credit union set out to establish itself as a financial institution for half of the community that lacked access to other financial institutions and other resources.
But the $431,000 Inspire announced it had merged with the 72,000 member $685 million First Community Federal Credit Union, headquartered in Parchment, Mich., on Sept. 17.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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
Already have an account? Sign In Now
© 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.