Great Wisconsin Credit Union, formerly known as CUNA Credit Union until 2005, was a
credit union that was founded on September 17, 1935, in
Madison, Wisconsin. The credit union had been started to serve employees of the
CUNA Mutual Group and the local community. By 2007, Great Wisconsin Credit Union had approximately 46,000 members and 428 million dollars in assets.
As of 2008, the credit union had a total of nine locations throughout Wisconsin.
The credit union became defunct in 2008, after a merger with Summit Credit Union.
History
Summit Credit Union merger
On November 29, 2007, Great Wisconsin Credit Union announced a merger with
Summit Credit Union under the Summit name. Several months later, on March 17, 2008, Great Wisconsin Credit Union and Summit announced that the merger was cleared by the
National Credit Union Administration and the
Wisconsin Department of Financial Institutions
The Wisconsin Department of Financial Institutions (DFI) is an Ministry (government department), agency of the Wisconsin State governments of the United States, state government responsible for state regulation of financial institutions and educa ...
. The merger was finalized, and took place in the Fall of 2008. This resulted in the creation of the largest credit union in the state of Wisconsin with over 1.1 billion dollars in assets.
See also
*
CUNA Mutual Group
References
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Credit unions based in Wisconsin
Companies based in Madison, Wisconsin
Banks established in 1935
1935 establishments in Wisconsin