October 28, 2016
Goldenwest Credit Union and Health Care Credit Union announced their intent to merge the two Utah-based Credit Unions.
The merged firms will serve a combined 120,000 members with 36 locations from Logan to St George. The merger proposal will go to members of Health Care Credit Union in the coming weeks for an official vote.
HCCU hopes to increase its technology-based services through Goldenwest’s online and mobile banking platforms.
Goldenwest currently operates three branches in Salt Lake County with a fourth branch under construction. The merger will add eight Salt Lake County offices to the Goldenwest branch network. As both Credit Unions are deemed financially secure, the merger is considered strategic in nature.
The merger is subject to approval from federal and state regulators and is expected to be complete in the first quarter of 2017.
For comments, questions or concerns, please contact Amy Sorter