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Credit Union of America announces intent to merge

Credit Union of America (CUA) CEO, Frank Shoffner, has announced that CUA has signed an Intent-to-Merge agreement with Central Kansas Credit Union (CKCU). CUA will be the surviving credit union.
The credit unions are performing required due diligence for the merger and memberships of both credit unions will vote on the merger before it can occur. Voting will conclude March 29. Pending a positive vote from both credit unions, the merger will be scheduled for completion on June 30.
CUA CEO Frank Shoffner shared, “CKCU is a well-run financial cooperative. A merger with them is an excellent opportunity for CUA ...


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