• Home
  • About
  • Archive
  • Contact

Dearborn Free Press

Re-Energizing Community and Commerce in Dearborn, Michigan

  • Arts
  • Business
  • Community
  • Editorial
    • Letters to the editor
  • Events
  • Government
  • History
  • Legal
  • Obituary
You are here: Home / Business / Rivers Edge and Co-op Services CU Announce Merger Plans

Rivers Edge and Co-op Services CU Announce Merger Plans

August 20, 2013 By News Release

Livonia, MI  – Rivers Edge Community Credit Union (RECCU) and Co-op Services Credit Union (CSCU) have announced their intent to merge at the end of the year.

“I’m very excited about the opportunities this partnership will provide both our memberships. This is very much a win-win for all of our members and the communities we serve,” said Thomas Fisher, president and CEO of RECCU. With its main office in Allen Park, RECCU has three full service locations in Allen Park, Woodhaven and Taylor along with a drive-up facility a few blocks from the main office.

“Our credit unions are very similar. Both have a long history and strong commitment to providing members with the best in financial products and services available,” said Anthony Carnarvon, Co-op Services’ president and CEO. Headquartered in Livonia, Co-op Services Credit union has eight full service branches in Dearborn, Detroit, Garden City, Livonia, Melvindale, Southfield, Southgate, and Westland.

Pending member and regulatory approval, which is expected to occur by the end of this year, the credit unions will retain the name of Co-op Services Credit Union. The combined organization will include more than 61,000 members with assets totaling more than $500 million.

After the merger and integration of data systems, all members will be able to conduct their financial business at any of the 12 branch locations. Members also have access to more than 6,800 credit union service centers and nearly 30,000 ATMs nationwide.

You Might Also Like These Stories:

  • Arthur Jones - Died January 7, 2021
    Arthur Jones - Died January 7, 2021

Filed Under: Business

Follow Us Online

  • Facebook
  • Flickr
  • LinkedIn
  • RSS
  • Twitter

Advertising

  • Ad Rates
  • Classifieds
  • Selfies

Arts and Events

  • Arts
  • Events

News Categories

  • Business
  • Community
  • Government

Other Categories

  • Editorial
  • Legal
  • Obituary

Quick Links

  • About
  • Archive
  • Contact

Mailing Address

Dearborn Free Press c/o IX Publishing, Inc. PO Box 2578 Dearborn, MI 48123

Copyright IX Publishing, Inc. © 2022 · Log in