Home > About Wanigas > News & Events > Financial Plus Credit Union Merger Information

We are extremely pleased and excited to announce the proposition of a merger with neighboring Financial Plus Credit Union (Flint, MI). The Boards of Directors from both credit unions have mutually agreed that this partnership is a terrific opportunity to create more value for our combined membership. 

Member Announcement  'Notice of Intent to Merge' Press Release

Here's our reason:

While Wanigas Credit Union is financially strong, the opportunities and efficiencies afforded by merging with a larger organization are undeniable. A merger with Financial Plus Credit Union would create a combined organization of over $1.1 billion in assets with 11 branch locations to serve you. In addition, Wanigas Credit Union and Financial Plus Credit Union have a shared history of serving employees of the automotive industry and a continued commitment to a unionized employee workforce. Both credit unions are seeking additional member benefit, and we believe a merger will provide that benefit. 

How we all benefit:

What to expect?

Next steps:

The Board of Directors and Management Teams of both organizations will begin the exploration and integration analysis process. Upon the completion of successful analysis, we will seek regulatory approval and an affirmative membership vote from the members of Wanigas Credit Union before moving forward with the merger. 

We value you as our member and are committed to keeping you up-to-date on the progress of the partnership as it continues to develop. The latest updates will be posted here on our website – or stop by a branch for the latest updates.

If we move forward with the merger after the necessary approvals are in place, rest assured that you will receive the same exemplary service from the same great employees you have come to know from Wanigas Credit Union.  

FAQ's:

 

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