Champion Credit Union and Ecusta Credit Union announce merger
CANTON, NC (September 20, 2023) — In a move aimed at enhancing financial services and member experience, Champion Credit Union, a leading financial institution serving the Western North Carolina community for over 91 years, is excited to announce that Ecusta Credit Union will formally merge into Champion Credit
Union later this year. This strategic move solidifies Champion Credit Union’s commitment to providing exceptional financial services and expanding its reach to better serve its members.
The decision to merge was reached after thorough consideration of the benefits it would bring to both credit unions and their valued members. Champion’s history as a “paper mill” credit union closely aligns with Ecusta Credit Union’s own story. Champion has been fortunate to grow substantially over the years. Their members’ experience is highly regarded, their financial stability is very solid, and they have a reputation of being an incredible employer, recently being recognized as a top thirty credit union to work for nationally by American Banker.
This strategic move is set to leverage the strengths of Champion Credit Union to create a more robust experience for members and long-term stability and growth, allowing Ecusta members to take advantage of competitive products and services that are necessary to meet their needs and allow them access to six additional branch locations across Western North Carolina.
Additional benefits of the merger include:
- Enhanced Member Services: Members of both Champion Credit Union and Ecusta Credit Union will benefit from a wider range of financial products and services, including competitive loan rates, expanded branch and ATM access, and digital banking solutions.
- Financial Strength: The merger reinforces Champion Credit Union’s financial stability and strength, ensuring that members can continue to rely on secure and trustworthy financial services.
- Community Commitment: Champion Credit Union is dedicated to passionately impacting and supporting local communities through financial education, charitable giving, and community involvement. Ecusta Credit Union is also very active in the community so once united, the credit union can extend its commitment to even more areas.
ChampionCU.com PO Box 1389 Canton, NC 28716
Jake Robinson, President and CEO of Champion Credit Union, expressed his enthusiasm regarding Ecusta’s merger into Champion Credit Union, saying “We are excited to welcome the members and employees of Ecusta to our Champion Credit Union family. This merger reinforces our dedication and our commitment to our members, the community, and to our employees, both old and new, that we are here to make their lives better today than they were yesterday; that we are here to help them experience more.”
Ecusta Board Chair, Martha McCrary, shared her thoughts, stating “We believe that this merger is a win-win for our members and employees. Champion Credit Union shares our dedication to member service, community involvement, and the well-being of our employees, making them an ideal partner for our credit union.”
Transition Details:
Both credit unions are dedicated to maintaining the highest standards of service excellence and member satisfaction, throughout this merger and beyond. The merger of Ecusta Credit Union into Champion Credit Union will be carried out diligently and efficiently to minimize any disruption to members. The leadership teams will ensure that members are informed of all developments and changes throughout the transition. Existing Ecusta Credit Union members will receive detailed communication outlining the transition process in the coming months.
About Champion Credit Union
Champion Credit Union has been serving Western North Carolina for over 91 years, delivering personalized financial solutions, exceptional service, and unwavering support for local communities. With a commitment to member well-being, Champion Credit Union is a community-chartered financial cooperative that serves the residents of Haywood, Buncombe, Henderson, Graham, Swain, Jackson, Madison, Transylvania, and Macon Counties.
Champion Credit Union, with more than 30,000 members and over $472 million in assets, operates from offices in Haywood, Buncombe, and Henderson Counties in Western North Carolina. For more information on Champion Credit Union, visit www.championcu.com.
About Ecusta Credit Union
Local since 1976, Ecusta Credit Union offers their services to the residents of Transylvania and Henderson Counties. With just over 6,300 members and $77 million in assets, Ecusta Credit Union operates from their office in Brevard. For more information on Ecusta Credit Union, visit www.ecustacu.com.
