Auburn Hills, Michigan, [February 3, 2015] – Members of Tri-Pointe Community Credit Union (Grand Blanc, MI) voted to approve the previously announced merger with Genisys Credit Union (Auburn Hills, MI) at a special meeting held in Fenton, Michigan on February 2, 2015. This combination will join two financially strong Michigan credit unions under the Genisys Credit Union name. Combined, the credit union will have assets totaling more than $1.8 billion and will serve nearly 175,000 members. The merger is expected to become official on April 1, 2015 and work to combine systems and operations will be completed by the end of the year.
“I am very pleased that the membership has validated our Board’s decision to join with Genisys Credit Union,” said Mack McConnell, current President and CEO of Tri-Pointe Community Credit Union, who will remain with the credit union through the transition and then take retirement. “This is an extension of the success that Tri-Pointe has had throughout its history. Genisys will provide our members with continued financial strength and a strong commitment to meeting their ever-changing needs.”
Jackie Buchanan, President and CEO of Genisys Credit Union added, “We are so pleased to have the approval of the Tri-Pointe members and we look forward to providing outstanding service and new financial products to them. We are committed to making the transition as quick and smooth as possible for our members.”
Tri-Pointe Community Credit Union has branches in Fenton, Flint, Grand Blanc, Clio and Vassar, Michigan. With the addition of these branches, Genisys Credit Union will operate a total of twenty nine (29) branches, with twenty six (26) in Michigan.
Tri-Pointe Community members will gain an expanded branch network, access to a nationwide shared branch network, new online and mobile banking options, call center service, and several additional services provided by Genisys including debit card rewards, mobile bill payment, and mobile deposit. Employee benefits include the promise that no jobs will be lost as a result of the merger and continued competitive compensation and benefits.
About Tri-Pointe Community Credit Union
Tri-Pointe Community Credit Union has provided financial services since 1958, and serves all who live or work in Genesee County, Tuscola County and specific geographic locations Livingston and Oakland Counties. Tri-Pointe Community Credit Union has consistently received the best rating possible (5-star) from Bauer Financial for safety and soundness. Tri-Pointe Community Credit Union has assets in excess of $200 million and serves nearly 25,000 members through five branches.
About Genisys Credit Union
Genisys Credit Union is a not-for-profit, member-owned financial institution that has been committed to helping its members financially since 1936. Based out of Auburn Hills, MI, Genisys is one of the largest credit unions in Michigan, with approximately 150,000 members and 24 branch locations. They also provide business loans and a range of services for small to mid-sized businesses. Genisys Credit Union has consistently received a 5-star Bauer Financial Rating for safety and soundness and is proud to be making a difference in their communities. Connect with Genisys on Facebook and Twitter by following “GenisysCU”. For convenient access to your account, download the Genisys iPhone App in the iTunes Store and Android App in the Google Play Store. For more information or a calendar of events, visit Genisys online at www.genisyscu.org.
