Members of Western Heritage Federal Credit Union – with branches located in both Alliance and Scottsbluff, Nebraska – voted overwhelmingly in favor of a merger with Meridian Trust Federal Credit Union. The two credit unions will merge under the banner of the Meridian Trust name effective January 1, 2022.
Western Heritage, with $65 million in assets and over 8,000 members, will combine with Meridian Trust’s $583 million in assets and more than 31,000 members.
“We’re extremely excited to partner with Meridian Trust because of what this means for our membership,” said Western Heritage CEO Cindy Baker. “Western Heritage FCU has honored and served our membership for 85 years. This will ensure that we can continue to meet our members’ growing financial needs, while providing them with top level service. Meridian Trust has a wide array of offerings that our members will love.”
Kim Withers, Meridian Trust CEO, said, “We’re very excited to welcome Western Heritage members and employees into the Meridian Trust family. We’ve witnessed firsthand the outstanding service they provide and the great loyalty of their members. We look at 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.