Goldenwest completes operating systems integration with recently merged USU Credit Union
OGDEN, UT (March 13, 2014) – Goldenwest Credit Union has announced the completion of the operating system integration with recently merged USU Credit Union. The merger has placed Goldenwest among the largest financial institutions in northern Utah with a combined 26 branches, 100,000 members and $1 billion in assets.
“We congratulate everyone involved at both Goldenwest and USU Credit Unions for their diligence and hard work during the entire merger process,” stated Kerry H. Wahlen, Goldenwest President/CEO. “We extend a warm welcome to all USU Credit Union members and employees who are now part of the Goldenwest family.”
Last summer Goldenwest and USU Credit Unions publicly announced their intent to merge. After approval was granted from both NCUA and USU Credit Union membership, the two credit unions officially merged and combined financial data on October 1, 2013.
Plans for the extensive integration of data between the two organizations began in early September. Employees and consultants proactively worked to provide a smooth transition of accounts, products and services for USU Credit Union members to the Goldenwest operating system. The operating systems integration was completed on March 1, 2014.
“USU Credit Union members were extremely cooperative and understanding during the account conversion process,” continued Wahlen. “We appreciate their loyalty to USU Credit Union, and invite members to take advantage of the many new and enhanced products and services available to them.”
Wahlen and USU Credit Union Regional President, David Butterfield, are alumni of Utah State University.
“Kerry and I are both proud Aggies,” proclaimed Butterfield. “We are committed to continue USU Credit Union’s strong relationship with Utah State University, and invite alumni everywhere to enjoy the benefits of credit union membership.”
USU Credit Union branches will maintain their familiar brand in Cache Valley, staying true to their roots as an affiliate of Utah State University. The 56-year old credit union will operate as a division of Goldenwest Credit Union.
As both credit unions were deemed financially secure, the merger is considered strategic in nature.