Laclede Community Credit Union is being absorbed into 1st MidAmerica Credit Union, after members of Laclede voted in favor of the merger earlier this week. The merger is expected to be complete by the end of May, with 1st MidAmerica Credit Union as the continuing credit union. All employees of Laclede will be able to keep their jobs with 1st MidAmerica.
Perry Withers, CEO and President of Laclede Community Credit Union says this is a good move for all involved.
Click here for Withers' comments
The merger means more benefits for customers of each entity, according to Amber Scott, Vice President of Marketing with 1st MidAmerica Credit Union.
Click here for Scott's comments
She says members of Laclede should not notice any disruption in service, and will be able to use their checks until they run out, and their existing debit cards for a period of time as well.