The $8 million St. Luke Parish Federal Credit Union ofBeavercreek, Ohio, has agreed to merge into the $77 million IncentaFederal Credit Union in Dayton, Ohio.
|Established in 1958, St. Luke Parish FCU has provided service to2,151 members from 11 Catholic churches throughout Montgomery andGreene counties. Originally named DP&L Employees FCU when itwas formed in 1935, Incenta FCU serves 9,034 members.
|The merger will become effective Nov. 13. Terms of the mergerwere not disclosed.
|“We are happy to announce the merger has been approved,”according to a statement on St. Luke Parish FCU'swebsite. “St Luke Parish Federal Credit Union is proud toannounce we are planning on combining our services with IncentaFederal Credit Union. This will open up our ability to betterprovide a wider variety of services for our clients.”
|Incenta FCU President/CEO Cheryl Roser said the merger will notaffect the status of its current members, and all members will nowhave access to eight branch locations.
|“Our partnership builds on the strengths of both institutions toprovide an important resource for our community,” Roser said.
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:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 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.
