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.”

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 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.