Waterloo, Iowa: Oelwein-Cresco Credit Union is preparing to merge with Veridian Credit Union, headquartered in Waterloo. The merger was approved by a majority member vote in November and is expected to be complete by January 1, 2014.
Oelwein-Cresco Credit Union has operated since 1974 and currently serves approximately 300 members from one branch in Cresco, Iowa.
"We're grateful for the opportunity to serve Oelwein-Cresco Credit Union members," said Monte Berg, Senior Vice President of Finance at Veridian. "We're working diligently to provide them a seamless transition."
About Veridian Credit Union
Veridian Credit Union, founded in 1934 in Waterloo, Iowa, is a not-for-profit financial cooperative owned by its members. The credit union offers a full range of consumer financial services and employs more than 575 Iowans throughout 26 branches. For more information, visit www.veridiancu.org or call (800) 235-3228.