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Addition Financial Credit Union and Envision Credit Union announced Tuesday that Envision members overwhelmingly approved the proposed merger between the two institutions, clearing the final hurdle for the consolidation. With regulatory approvals already secured, the legal merger will take effect on Oct. 1, 2025.
The partnership unites two Florida-based credit unions with nearly 160 years of combined service and a shared foundation in education.
Founded in 1937 and 1954, respectively, Addition Financial and Envision have long championed financial empowerment, community engagement and member-first service.
Once merged, the institution will operate under the Addition Financial Credit Union name, led by Kevin Miller, current president/CEO of Addition Financial. The combined organization will manage more than $3.8 billion in assets and serve over 250,000 members across 37 branches in Florida and Georgia.
“This is a historic moment for both credit unions and, most importantly, for our members,” Miller said, noting the merger will expand reach and improve member services.
Envision CEO Darryl Worrell highlighted the benefits of broader services, enhanced technology and continued focus on cooperative values. “By joining with Addition Financial, our members will benefit from a broader range of services, enhanced technology and continued focus on the credit union philosophy of people helping people,” he said.
The combined credit union will also expand community programs, such as Addition Financial’s High School Branch Program. Online banking and system conversions are expected to be completed by March 2026.
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