Huntington County Federal Credit Union is now part of Public Service Credit Union following a merger completed Feb. 1.
Financial and economic trends negatively affecting long-term survivability impacted Huntington County FCU board of directors’ decision to proactively partner with another credit union, according to a statement on the PSCU website.
The board wanted to be sure they could choose the partner rather than delay and let National Credit Union Association (NCUA) make the decision without their input.
Information on the merger was sent to members Sept. 14 with a vote on Oct. 31. The merger was approved by member vote as well as by NCUA and Indiana Department of Financial Institutions.
PSCU is the oldest credit union in Fort Wayne and has two branch offices in the city.
Employees of Huntington County FCU remain as employees of Public Service CU.
“So far so good,” Carolyn Mikesell, PSCU president and CEO, said of the transition. “Everything has been transferred and there have been no issues.”
Employees have been busy helping members with their new account numbers, activating new debit cards and accessing the new PSCU banking platform.
The former HCFCU online banking has been shut down and is no longer accessible.
Access to accounts is also now available through CO-OP Shared Branch network which has more than 5600 credit union branches in the United States.
A new sign will be installed at the Huntington branch location within the next couple of weeks and a total branch remodel will happen within the next three months, Mikesell said.
The merger provides members with new technology as well as additional products and services, according to the board statement. PSCU offers more technology with E-alerts, mobile options, electronic loans and the ability to open accounts online.
PSCU pays higher dividends on funds, provides credit scores to members for free, and offers additional loan products including mortgages. Additional account products include interest-bearing checking account, money market, and a youth savings account.
Mikesell said anyone with questions or needing help with the transition may call, email or stop into any branch for assistance. Chat with staff is also available online at www.mypscu.com.