(WBNG Binghamton) Visions Federal Credit Union, headquartered in Endwell, and CTCE
Federal Credit Union, of Reading, Pennsylvania and select employer groups in the region, have announced approval by the National Credit Union Administration for CTCE FCU to merge with, and into, Visions Federal Credit Union.
According to a news release:
The effective merge date of the two credit unions is December 1, 2013.
Post‐merger, Visions will have 34 office locations in parts of New York, New Jersey, and Pennsylvania, nearly $3.3 billion dollars in assets, and more than 171,000 members. All current CTCE locations will remain open.
“This merger opportunity will not only provide our membership with greater access to resources in
Pennsylvania, but will allow us to grow within that region while providing the CTCE members with
improved rates, enhanced product selections, and additional services. We look forward to continuing
CTCE’s rich history of supporting the community and are excited about the future of our combined
organization,” stated Tyrone Muse, President & CEO of Visions.