Plymouth-Based TruStone Financial Federal Credit Union Announces Merger
The business reached an agreement with Ladish Community Credit Union (LCCU) to merge operations.
Information provided by TruStone Financial.
TruStone Financial Federal Credit Union, based out of Plymouth announced March 1 an agreement with Ladish Community Credit Union (LCCU) of Cudahy, Wisconsin to merge operations.
“We are extremely pleased to welcome Ladish Community Credit Union members, employees and supporters to the TruStone family,” said Chief Executive Officer Tim Bosiacki. “As our two organizations combine, LCCU members will continue to experience the exceptional member service and friendly faces they are accustomed to with no service interruptions.”
Together with LCCU, TruStone Financial will have an estimated $861 million in assets, nearly 81,000 members worldwide and 13 branch locations across Minnesota and Wisconsin. “The addition of LCCU allows TruStone Financial to continue to expand our geographical footprint into eastern Wisconsin, while giving members additional conveniences, enhanced service and product offerings,” said Bosiacki.
The announcement of this merger is TruStone Financial’s third merger/acquisition in three years. The credit union most recently acquired the assets of A M Community Credit Union (AMCCU) in Kenosha, Wisconsin August 2012 and merged with Ukrainian Credit Union of Northeast Minneapolis in May 2011.
Both credit unions will operate under the banner TruStone Financial Federal Credit Union beginning April 1, 2013.