Themerger of Oswego,N.Y.-based Compass Federal CreditUnion and Fulton, N.Y.-based Oswego Heritage Federal Credit Union has been finalized,according to an announcement on Compass Federal Credit Union's website.

Operationalintegration will be completed by Aug. 1. The merger creates a $52 millioncredit union, which will be headed by Thomas O'Toole, who has been manager ofCompass Federal Credit Union since 1989.

CompassFederal Credit Union will have a total of seven branch locations with thecompletion of the merger. All Oswego Heritage Federal Credit Union employeeshave been offered employment as of the merger date.