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FCCU wanted to raise money in a unique way that tied to the theme of food and did so by creating "The Community Cookbook" raising additional funds for the local pantries.
The combined credit unions will be headquartered in Jamestown, N. and operate under the First Community Credit Union name.
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By increasing our size, we expect to be able to take advantage of efficiencies and offer new products and services for the benefit of our members and employees.""Citizens Community Credit Union has a proud tradition of serving its local communities and the region as a member-owned credit union," added Jay Chapin, CEO for Citizens Community Credit Union. and currently serves the Bismarck, Fargo, Hankinson, Jamestown, Milnor, Napoleon, Oakes, Portland, Steele, Valley City, Wahpeton, and Wishek markets. Administered by the NCUA, the Share Insurance Fund insures individual accounts up to 0,000, and a member's interest in all joint accounts combined is insured up to 0,000.
"After meeting Steve and members of his team at First Community, we soon realized how much our credit unions have in common and that together, we could continue our respective community credit union traditions while capitalizing on the benefits that come with being a larger credit union."First Community Credit Union was founded in 1939. First Community's deposits are insured by the NCUA. The Share Insurance Fund separately protects IRA and KEOGH retirement accounts up to 0,000.