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NY-based Finger Lakes, Fairport FCUs plan to merge

Geneva, N.Y.-based Finger Lakes FCU and Fairport, N.Y.-based Fairport FCU intend to merge, WHEC reported.

Fairport FCU members will vote on the proposed merger in November.

Fairport FCU will keep its name and operate as a Finger Lakes FCU division after the merger, which is anticipated to close in the fourth quarter.

As of June 30, Finger Lakes FCU had $126.7 million in assets, while Fairport FCU had assets of $42.6 million, according to S&P Global Market Intelligence data.