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Avanti FCU, Glacial Lakes Educational Employees FCU to merge in March

Avanti FCU and Glacial Lakes Educational Employees FCU will merge on March 1, according to a press release posted on the Credit Union Association of the Dakotas' website.

The National Credit Union Administration and Glacial Lakes Educational Employees FCU members have approved the merger of the Watertown, S.D.-based credit unions.

The combined organization will be led by Avanti FCU CEO Judy Wolff.

As of the end of 2017, Avanti FCU had $19.1 million in assets, while Glacial Lakes Educational Employees FCU had assets of $1.1 million, SNL data shows.

SNL is owned by S&P Global Market Intelligence.