Two small credit unions in western Michigan are merging to form Compass Credit Union with about $66 million in assets and 8,770 members, saying the larger size will allow them to better meet competitive and regulatory demands.

Rogue River Community Credit Union of Sparta, Mich. ($40.6 million in assets, 5,772 members) is acquiring Newaygo County Service Employees Credit Union of Fremont, Mich. ($25.3 million in assets, 2,998 members). Sparta is on the Rogue River, and 17 miles north of Grand Rapids and 30 miles south of Fremont.

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Jim DuPlessis

A journalist for decades.

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