Current：Home > reviews2 credit unions in Mississippi and Louisiana are planning to merge -NextFrontier Finance
2 credit unions in Mississippi and Louisiana are planning to merge
View
Date：2025-04-23 12:32:44
BILOXI, Miss. (AP) — One credit union based in Mississippi and one based in Louisiana on Wednesday announced plans for a merger.
The Louisiana-based Jefferson Federal Financial Federal Credit Union would be merged into the Mississippi-based Keesler Federal Credit Union, according to a news release from the two institutions.
The move must be approved by both the National Credit Union Administration and members of Jefferson Financial Federal.
Full integration under the Keesler Federal Credit Union name could be complete by late 2025 or early 2026, the institutions said.
The combined organization would have assets of just under $5 billion, with more than 900 employees in 55 locations in Louisiana, Mississippi, Alabama and the United Kingdom.
“From a business perspective, it is a great fit that will strengthen both institutions and allow greater accessibility and services,” said Andrew Swoger, president and CEO of Keesler Federal Credit Union.
veryGood！ (5)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- The IRS now says most state relief checks last year are not subject to federal taxes
- Pharrell Williams succeeds Virgil Abloh as the head of men's designs at Louis Vuitton
- An energy crunch forces a Hungarian ballet company to move to a car factory
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Indigenous Leaders and Human Rights Groups in Brazil Want Bolsonaro Prosecuted for Crimes Against Humanity
- Soft Corals Are Dying Around Jeju Island, a Biosphere Reserve That’s Home to a South Korean Navy Base
- This $23 Travel Cosmetics Organizer Has 37,500+ 5-Star Amazon Reviews
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Instagram and Facebook launch new paid verification service, Meta Verified
Ranking
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Missing Titanic Submersible Passes Oxygen Deadline Amid Massive Search
- In Corpus Christi’s Hillcrest Neighborhood, Black Residents Feel Like They Are Living in a ‘Sacrifice Zone’
- Catholic Bishops in the US Largely Ignore the Pope’s Concern About Climate Change, a New Study Finds
- The White House is cracking down on overdraft fees
- HarperCollins and striking union reach tentative agreement
- 13 Refineries Emit Dangerous Benzene Emissions That Exceed the EPA’s ‘Action Level,’ a Study Finds
- Nearly $50,000 a week for a cancer drug? A man worries about bankrupting his family
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Incursions Into Indigenous Lands Not Only Threaten Tribal Food Systems, But the Planet’s Well-Being
This group gets left-leaning policies passed in red states. How? Ballot measures
This $23 Travel Cosmetics Organizer Has 37,500+ 5-Star Amazon Reviews
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Without ‘Transformative Adaptation’ Climate Change May Threaten the Survival of Millions of Small Scale Farmers
World Meteorological Organization Sharpens Warnings About Both Too Much and Too Little Water
Fossil Fuel Companies Took Billions in U.S. Coronavirus Relief Funds but Still Cut Nearly 60,000 Jobs