August 26, 2013

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Living Well
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Merger Approved for Goldenwest and USU Charter Credit Union

Press Release

August 26, 2013

Ogden and Logan — Goldenwest Credit Union and USU Charter Credit Union announced today the merger of  the two Utah-based credit unions has been officially approved. The partnership will have a combined 26 branches and close to $1 billion in assets.

“We congratulate everyone involved at both Goldenwest and USU Credit Unions for their diligence and hard work during the merger approval process,” said Kerry H. Wahlen, Goldenwest president and CEO. “We extend a warm welcome to all USU Credit Union members and employees who are now part of the Goldenwest family.”

In July, Goldenwest and USU Credit Unions announced their intent to merge and began the process to receive regulatory approval by the National Credit Union Association (http://www.ncua.gov/">NCUA). The credit unions were granted the green light by the NCUA earlier this month. The final step in receiving approval for the merger came during a special meeting for USU Credit Union members held Thursday in Logan. At the meeting, USU Credit Union members expressed their approval by voting in favor of the merger.

The credit unions will combine financial data on Oct.1 but will maintain two separate computer systems for a few months as they prepare for the eventual integration of systems. Full integration of accounts, products and services is expected to take place during the first quarter of 2014.

USU Credit Union branches will maintain their brand in Cache Valley and operate as a division of Goldenwest Credit Union.

Utah Business Social
UB Events View All
CEO of the YearUtah Business Event
Mar 20, 2015
Utah Business Magazine and Presenting Sponsors: Holland & Hart and Newmark Grubb ACRES - would li...
2015 Job SummitUtah Business Event
Apr 10, 2015
Position your company as a Premier Employer in today's competitive job market! Utah Business maga...
30 Women to Watch - NOMINATIONS NOW OPENUtah Business Event
May 21, 2015
NOMINATIONS NOW OPEN! Visit: Nomination Forms Questions: heather@utahbusiness.com Utah Bus...
Community Events View All
Mac OS X Support Essentials
Feb 27, 2015
Using Apple Certified Curriculum, Mac OS X Support Essentials is a hands-on course that provides ...
CEH - Certified Ethical Hacker
Mar 2, 2015
Learn to hack like a pro, while pleasing the boss! The ethical hacker is usually a trusted employ...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel