The $94.7 million Rivers Edge Community Credit Union in AllenPark, Mich., plans to merge with the $414 million Co-op Services Credit Union in nearby Livonia, Mich., by theend of the year.

“I'm very excited about the opportunities this partnership willprovide both our memberships. This is very much a win-win for allof our members and the communities we serve,” said Thomas Fisher,president/CEO of RECCU.

Though RECCU's net worth is at 12%, its loan, fee and investmentincome has seen steady declines over the last five years, accordingto NCUA financial performance reports from the suburban Detroitcredit union.

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