Financial Plus Credit Union announced today that the members of Wanigas Credit Union, based in Saginaw, M I, overwhelmingly approved the merger between the two organizations. Approval was received via mail-in ballots and in-person voting at a special meeting held on June 28, 2022.
The combined credit union will have assets over $1.2 billion, serving approximately 80,000 members through 11 branch locations in the greater Flint and Great Lakes Bay Region of Michigan. The newly formed credit union will offer an expanded portfolio of progressive mobile and online services, innovative products like quick-fund loans and high rate checking accounts to all across the state of Michigan.
"The partnership between Financial Plus and Wanigas will create a more expansive credit union that will enhance the financial well-being of many people with increased accessibility, technology and products," said Brad Bergmooser, President and CEO, Financial Plus Credit Union. "This merger is a continuation of our focus to provide the people of M ichigan with better financial tools and a partner that will help them reach their life’s goals."
"Like Financial Plus, Wanigas is dedicated to providing financial solutions that provide members with real help. This unification will provide our members with additional products and services that can make a positive impact on their life," said Bernie Williams, CEO, Wanigas Credit Union.
Once the merger is complete, which is expected August 1, 2022, Wanigas will continue to operate under the same name. Financial Plus’ CEO Brad Bergmooser will be the President and CEO for the merged credit union, with Bernie Williams as the Regional President. For the latest merger news and developments visit www.myfpcu.com.