The membership of Christopher Credit Union in Chesaning, MI; voted to merge with United Financial Credit Union on November 21, 2016. This merger will provide new opportunities and services to the members of the credit union. The merger met with a 100% approval rate, of those members voting on November 21, 2016 and became effective January 1, 2017.
“We look forward to serving the members of Christopher Credit Union,” says Barbara Appold, President/CEO of United Financial. “The merger will benefit the members of Christopher Credit Union by expanding the services offered and providing additional locations.”
The combined credit union will hold $196 million in assets and serve 21,000 members with a total of six branches located throughout Saginaw and Bay Counties.
Barbara Appold will serve as President/CEO of United Financial Credit Union and Randy Hoerner; Christopher Credit Union, CEO; will be exiting the credit union industry in January 2017. Randy will still be operating his tax business that is located in Chesaning.
United Financial Credit Union was founded in 1964 to serve a small group of tool and die workers in the Bridgeport area. United Financial C.U. currently has six locations located in Bridgeport, Saginaw Township, Chesaning, Freeland and Auburn and serves over 21,000 members. Anyone who lives, works or worships in Saginaw, Bay or Midland Counties is eligible for membership.