2 credit unions in Mississippi and Louisiana are planning to merge

2024-12-25 10:14:13 source:lotradecoin supported cryptocurrencies list category:reviews

BILOXI, Miss. (AP) — One credit union based in Mississippi and one based in Louisiana on Wednesday announced plans for a merger.

The Louisiana-based Jefferson Federal Financial Federal Credit Union would be merged into the Mississippi-based Keesler Federal Credit Union, according to a news release from the two institutions.

The move must be approved by both the National Credit Union Administration and members of Jefferson Financial Federal.

Full integration under the Keesler Federal Credit Union name could be complete by late 2025 or early 2026, the institutions said.

The combined organization would have assets of just under $5 billion, with more than 900 employees in 55 locations in Louisiana, Mississippi, Alabama and the United Kingdom.

“From a business perspective, it is a great fit that will strengthen both institutions and allow greater accessibility and services,” said Andrew Swoger, president and CEO of Keesler Federal Credit Union.

More:reviews

Recommend

Secretary of State Blinken is returning to the Mideast in his latest diplomatic foray

WASHINGTON (AP) — Secretary of State Antony Blinkenis returning to the Middle Eastthis week on his 1

Brianna “Chickenfry” LaPaglia Explains Why She’s Not Removing Tattoo of Ex Zach Bryan’s Lyrics

Brianna “Chickenfry” LaPaglia might be done with ex Zach Bryan, but she has no intention of erasing

College football top five gets overhaul as Georgia, Miami both tumble in US LBM Coaches Poll

While chaos was the order of the day around college football, the Week 11 results did provide one me