Two Wisconsin credit unions – the $569 million Pioneer CU in Green Bay and the$459 million Capital CU inKimberly – have agreed to merge by July 1, 2014, they said thisweek.
The new billion dollar cooperative – Capital Pioneer CreditUnion – will serve more than 88,000 members from 23 branchesstretching from Sturgeon Bay to Oshkosh.
Though Pioneer CU is merging into Capital CU, Tom Young,president/CEO of Pioneer, said he considers it a partnership ofequals as both community charter credit unions share most of thesame marketplace in northeastern Wisconsin along Lake Michigan.
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