Second Largest CU Membership Formed in N.Y. After Merger Approval

SEFCU becomes the state's fourth largest financial cooperative with $8.3 billion in assets and more than a half-million members.

By Peter Strozniak | June 29, 2022 at 03:32 PM

Members of Capital Communications Federal Credit Union (CAP COM) approved a merger into the State Employees Federal Credit Union (SEFCU) that creates New York's fourth largest financial cooperative with $8.3 billion in assets and 523,712 members, forming the second largest membership in the Empire State.

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