Credit Unions Announce MergerPosted: Updated:
Two central Indiana credit unions have combined operations. Warren M.S.D. Federal Credit Union is now part of Indiana Members Credit Union. August 14, 2013
INDIANAPOLIS, Ind. - Indiana Members Credit Union (IMCU), Central Indiana’s largest credit union, successfully completed its merger with Warren M.S.D. Federal Credit Union of Indianapolis, Indiana on Thursday, August 1, 2013.
This newly combined organization, Indiana Members Credit Union ($1.3 billion) and Warren M.S.D. Federal Credit Union ($17 million), now has 25 branches throughout Central Indiana.
Ron Collier, President and CEO of Indiana Members Credit Union, said, "We are certainly honored Warren M.S.D. Federal Credit Union chose to merge with IMCU. The 2,400 Warren members have been part of a successful credit union and we are pleased to have them as part of the IMCU family. Their success can be attributed to their commitment to offer quality products and services to their members and am pleased it mirrors our vision and culture. Indiana Members Credit Union continues to be a great alternative to other financial institutions and is extremely strong financially, offering competitive financial products, services and rates, allowing us the opportunity to have plenty of funds to lend to our members. We provide a friendly and convenient environment with excellent service and believe in our motto of 'Keeping It Simple' for our members."
Michael Thayer, General Manager and CEO of Warren M.S.D. FCU stated, "Indiana Members Credit Union shares our mission and commitment to our members. The combined strength of Warren M.S.D. FCU and Indiana Members Credit Union will allow us the opportunity to offer our members enhanced products and services with the convenience of 25 Indiana Members Credit Union branches and over 4,500 free ATMs nationwide through the Alliance One ATM Network."
Michael Thayer will serve as the Branch Manager of the newly merged location at 1065 N. Post Road in Indianapolis and can be reached at 317-890-3000.
For more information please visit www.imcu.org.
Indiana Members Credit Union, headquartered in Indianapolis, Indiana, was founded in
1956 as the Indiana University Medical Center Federal Credit Union on the campus of
IUPUI, and has since grown to 25 branches in Central Indiana, offering members a better
financial alternative and a full array of products and services. Traditionally offering better rates on loans and deposits, IMCU maintains true to its roots by "Keeping It
Simple" for members. For more information, please visit IMCU online at www.imcu.org.
Source: Indiana Members Credit Union