Latest / Illinois Valley - Shaw Local / Streator Onized Credit Union and ANCO announce merger
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- 0:05Streetronized, Credit Union and ANCO announce merger. Written by Michael Urbanek.
- 0:12This article is being read by an automated voice brought to you
- 0:15by Everlett. Streeter Oney's Credit Union and Anko Community Credit Union
- 0:22announced a merger last week, saying in a news release that the
- 0:25merger provides a chance to enhance services, expand resources, and ensure long-term
- 0:30strength, according to a news release. Anco members will gain access to
- 0:34SOCU's broader range of financial products, expanded branch network and digital banking
- 0:40tools once the merger goes through officially, according to a news release.
- 0:45Anko was founded in 1955 and Soku was founded in 1939. This
- 0:50partnership represents a natural fit between two organizations that share the same
- 0:55core philosophy of people helping people, said Saku CEO Doug Pattersons. We
- 1:00are honored to welcome ANCO members and expand our branch network to
- 1:04the LaSalle Peru community. SakuQ remains committed to preserving the personal experience
- 1:09they value while providing additional resources and conveniences. According to the news
- 1:14release, ANCO members should expect a seamless transition that will maintain continuity
- 1:19of service. The LaSalle location will remain and members will receive the
- 1:24same attention they've grown to expect. After careful consideration, our Board of
- 1:29Directors determined this merger
- 1:30is in the best long term interest of our membership, said Juana
- 1:34Bunzel, president and CEO of ANCO. Joining SOCU allows us to provide
- 1:39enhanced services and greater financial opportunities while continuing our mission of serving
- 1:44our members financial needs. Bunzel will continue her career managing this LaSalle
- 1:49location. The merger is pending approval by ANCO's membership and regulatory authorities.