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Team One Credit Union and CASE Credit Union are planning to merge in a move both institutions said will strengthen long-term growth and expand member services across Michigan.
The proposed merger, branded as "Bolder Together," is expected to take effect in January 2027 pending regulatory and member approval. Leaders from both organizations said the combination is designed to improve operational scale, enhance technology investments and create a stronger member experience.
Team One, based in Saginaw, and CASE, headquartered in Lansing, both trace their roots to educator-focused credit unions founded in the 1930s. The institutions emphasized their shared cooperative philosophy and commitment to community service as a key reason behind the partnership.
If approved, the newly-combined credit union would have more than $1.1 billion in assets and serve nearly 74,000 members.
According to information on the merger website, members will see no immediate changes to accounts, services or branch operations, and deposits will remain insured by the National Credit Union Share Insurance Fund.
The credit unions said the combined organization also plans to continue community-focused initiatives, including financial counseling and outreach to underserved populations. CASE has highlighted its Community Development Financial Institution focus, while Team One pointed to its Juntos Avanzamos designation and recognition by Newsweek as one of America's Best Regional Credit Unions.
Executives said integration efforts will occur gradually with continued communication to members throughout the process.
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