Wanigas CU members approve merger with Financial Plus CU – CUTimes

Members of Saginaw, Mich.-based Wanigas CU approved its previously announced merger with Flint, Mich.-based Financial Plus CU, Credit Union Times reported June 29, citing a statement from Financial Plus CU.

The deal will lead to a combined credit union of $1.2 billion in assets, and 11 branches to serve nearly 80,000 members across the region.

Wanigas will continue to operate under the same name and Financial Plus CU President/CEO Brad Bergmooser will become president and CEO of the merged entity, according to the report.

The deal is expected to close on Aug. 1.