Members of Western Heritage Federal Credit Union — with branches located in both Alliance and Scottsbluff, Nebraska — voted overwhelmingly to merge with Meridian Trust Federal Credit Union. The two credit unions will merge under the Meridian Trust name effective January 1, 2022.
Western Heritage, with $65 million in assets and over 8,000 members, will be combined with Meridian Trust’s $583 million in assets and over 31,000 members.
“We are extremely excited to partner with Meridian Trust because of what it means to our members,” said Western Heritage CEO Cindy Baker. “Western Heritage FCU has honored and served our members for 85 years. This will allow us to continue to meet the growing financial needs of our members, while providing them with first-class service. Meridian Trust has a wide range of offers that our members will love.
Kim Withers, CEO of Meridian Trust, said, “We are delighted to welcome members and employees of Western Heritage to the Meridian Trust family. We have witnessed first hand the exceptional service they provide and the great loyalty of their members. We view this as an opportunity that will benefit members of both credit unions. »
No layoffs will result from the merger. Meridian Trust Federal Credit Union has the distinction of being named the “Best Credit Union” in the state according to Forbes; and was recently named “Credit Union of the Year” for 2021 by the Mountain West Credit Union Association.