Ent Credit Union and Wings Credit Union Announce Merger of Equals

Wings Financial Credit Union to Acquire Settlers Bank

November 2, 2022

Financial Services

Wings Financial Credit Union (also referenced as Wings Credit Union) has agreed to acquire Settlers bank, including its three Wisconsin branch locations in Appleton, Madison, and Windsor. The transaction is subject to state and federal regulatory approvals and is expected to close in mid-2023, after which the branches will be rebranded as Settlers Best Credit Union, a division of Wings Financial Credit Union.

Addition Financial Credit Union to Merge with Envision Credit Union

December 17, 2024

Financial Services

Addition Financial Credit Union and Envision Credit Union announced their intent to merge under an agreement subject to National Credit Union Administration (NCUA) approval and a membership vote. The combined credit union will operate as Addition Financial, targeting nearly $4 billion in assets and serving more than 248,000 members across 38 branches in Florida and Georgia.

TwinStar Credit Union Merges with Northwest Community Credit Union

August 20, 2024

Financial Services

TwinStar Credit Union and Northwest Community Credit Union completed a merger to scale operations and expand member services across Washington and Oregon, creating a combined organization serving over 250,000 members with $4.3 billion in assets and 36 locations. Jack Henry will continue to provide core technology and support to the merged credit union to enable ongoing innovation and operational efficiency.

Magnifi Financial Acquires Financial One Credit Union

October 1, 2022

Financial Services

Magnifi Financial merged with Financial One Credit Union effective October 1, 2022, following board approvals and a member vote. The combination expands Magnifi's presence in the greater Twin Cities (adding branches in Blaine, Coon Rapids and Columbia Heights), brings Financial One's indirect lending capability into the organization, and results in a combined organization with nearly $2 billion in assets, ~85,000 members and a 25-branch network.

Hanscom Federal Credit Union to Merge with Alden Credit Union

February 5, 2026

Financial Services

Hanscom Federal Credit Union and Alden Credit Union announced a strategic partnership and merger plan in which Hanscom will serve as the combined organization post-completion. The merger is expected to expand financial wellness resources, digital banking, lending capacity, and member services for Alden members, pending regulatory approval and customary closing conditions.

Affinity Plus Federal Credit Union Merges with City & County Employees Federal Credit Union (CCEFCU)

October 1, 2025

Financial Services

Affinity Plus Federal Credit Union will merge with City & County Employees Federal Credit Union (CCEFCU) of Albert Lea, Minnesota, effective October 1, following member and regulatory approvals. The merger brings roughly 1,700 new members to Affinity Plus, retains CCEFCU’s five employees, expands member access to Affinity Plus products and services, and supports a planned new branch in Albert Lea in 2026.