Good Neighbor CUs Get Neighborly: 12 State Farm Credit Unions To Merge Into $3B CU.

From: Credit Union Journal | Date: March 13, 2006| Author: Messmore, Scott | Copyright information

BLOOMINGTON, Ill. -- After years of planning and discussion, 12 State Farm Insurance affiliated credit unions have applied to merge into what would create a CU giant with nearly $3 billion in assets.

If approved by the NCUA, the credit union would be headquartered here at what is now State Farm Great Lakes CU.

SFGLFCU CEO CEO Tom DeWitt said the new CU will be called State Farm Federal Credit Union and reflects a logical step in streamlining logistics, product...

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