Credit union mergers. Source: Shutterstock.

Officials with the Bowling Green, Ky.-based Service One Credit Union stated the credit union entered into a partnership agreement with MidWest America Federal Credit Union, headquartered in Fort Wayne, Ind., to take over its two Kentucky branches this summer.

In Wednesday’s announcement, officials stated Service One ($216 million in assets, 14,866 members) will assume ownership of MidWest America branches in Scottsville and Hopkinsville, located in southwestern Kentucky. The two locations will cease operating as MidWest America on Friday, July 29.

Michael Ogden

Editor-in-Chief for CU Times.

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