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News Now

CU System
Two W. Va. CUs to merge
CHARLESTON, W.Va. (4/4/11)--Members of Charleston (W.Va.) Newspapers FCU have voted to merge with Members Choice WV FCU, also in Charleston. Dwindling membership was the driving force behind the merger, said Connie Risner, CEO of Charleston Newspapers FCU, who added that the credit union’s membership has declined to 310 from a one-time level of more than 600 (The Charleston Gazette March 31). The $2.3 million-asset Charleston Newspapers FCU hopes to complete the merger with the $76 million-asset Members Choice WV FCU by the end of June, Risner told the newspaper. Members Choice serves more than 60 select employer groups, and has a community charter, the paper said.


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