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Greater Milwaukee CU Plans Merger After 90 Years

The $14.2 million credit union sets Sept. 25 member vote on consolidation into Summit Credit Union in Madison.

By Peter Strozniak | Updated on September 11, 2013

The $14.2 million Greater Milwaukee Credit Union in West Allis, Wis. – chartered in 1923 when the U.S. credit union movement was gaining popularity – will merge with the $1.9 billion Summit Credit Union in Madison, Wis., on Dec. 1, if its members approve.

 “After extensive research and consideration, we chose Summit Credit Union due to its leadership, innovation and dedication to the well-being of its members, employees and to the communities in which it serves,” said Lori Pook, president/CEO of GMCU. 

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Peter Strozniak

 

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