Citizens State Bank of Ontonagon, Mich. announced today that itintends to sell its assets and liabilities to Honor Credit Union ofBerrien Springs, Mich.
|Pending regulatory approval, Citizens will become part of HonorCredit Union, which has almost $735 million in assets.
|“The history of service that Citizens State Bank of Ontonagonhas is incredible and is a legacy that Honor Credit Union ishonored to contribute to,” said Scott McFarland, Honor Credit UnionCEO. “With aligning cultures and community commitments, we arelooking forward to getting to know our new Ontonagon friends andneighbors.”
|“The Citizens State Bank of Ontonagon has been a part of theOntonagon community for 107 years and we take great pride in theresponsibility of providing for our customers and bettering ourcommunity,” said bank President Willie DuPont.
|“We are extremely excited to welcome Honor Credit Union to ourcommunity, which will allow us to provide benefits not previouslypossible, including numerous loan options, lower loan rates andhigher deposit rates just to name a few.”
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