|RiverWood-Maritime Credit Union in the Two Rivers/Manitowoc area to partner with Fox Communities Credit Union. |
On April 28, 2015, the members of RiverWood-Maritime Credit Union voted to merge with Fox Communities Credit Union, at their Annual Membership meeting. The effective date of the merger will be June 30, 2015.
The two locations of RiverWood-Maritime, in Two Rivers and Manitowoc, will experience no change. This consolidation provides the RiverWood-Maritime members the added convenience of 15 additional offices from Green Bay through the Fox Valley area, more ATM locations, along with expanded products and services.
Bonnie Timm, President and CEO of RiverWood-Maritime Credit Union, says, “This partnership allows us the opportunity to offer a broader product line, including many more mortgage options for our members. All the staff from RiverWood-Maritime Credit Union will remain and we will be adding additional staff to meet the expanded hours that Fox provides. It is important that we continue to grow and stay competitive with the ever-changing needs of our members.”
The President of Fox Communities Credit Union, Greg Hilbert, states, “Fox is excited to welcome the members of RiverWood-Maritime Credit Union. It is a positive reflection, on both credit unions, that we continue to work together to improve and expand product and service offerings for all members.”
Fox Communities Credit Union has assets over $1 billion and employs more than 300 people. They serve over 75,000 members.
As the two credit unions combine, anyone can join if they live, work or own property in the counties of Brown, Calumet, Kewaunee, Manitowoc, Oconto, Outagamie, Shawano, Sheboygan, Waupaca and Winnebago.
The merger is subject to final approval by State and Federal regulatorS.
Also during this meeting, three board members were elected to the seven member board which will continue to serve as an advisory board to Fox Communities Credit Union going forward. Board members consist of Ken Swade, Mary Drohman, Jill Backus, Len Reindl, Cathy Lambries, Patrick Krajnek and Randy Pinchard.
|We have the loan products that will get you MARCHING in the right direction. Call to speak to one of our Loan Officers today for the complete details.
Rates as low as 1.99% APR* on auto loans and 2.99% (3.16% APR*) on mortgages!
Auto Loans: 1.99% APR * Minimum 10K New Money. 2011 or newer auto. Payment Example: $10,000. @ 1.99% APR* = $286.38 per month for 36 months
Auto Loans: 2.99% APR * Minimum 10K New Money. 2011 or newer auto. Payment Example: $10,000. @ 2.99% APR* = $151.90 per month for 72 months
First Mortgages: 2.99% (3.16% APR*) Minimum 20K New Money. Owner Occupied. Payment Example: $20,000. @ 2.99% (3.16 % APR*)= $193.04 per month for 120 months
Subject to R-MCU Membership Eligibility and Lending Criteria. Rates are subject to change without notice.
*Annual Percentage Rate.