Summit Credit Union announces merger with Lincoln National Federal Credit Union
GREENSBORO, NC (December 2, 2019) — Summit Credit Union is pleased to announce the merger of Lincoln National Federal Credit Union (LNFCU). The merger officially took place December 1, 2019.
LNFCU’s Board of Directors selected Summit Credit Union as a merger partner this year and on November 19, 2019, LNFCU members voted in favor of the merger. Based in Greensboro, Lincoln National Federal Credit Union was chartered in 1935, has over 900 members, and assets of over $13 million. It currently serves employees of Lincoln Financial Group.
“We have enjoyed assisting Lincoln National Federal Credit Union through the merger process. It will be our pleasure to work with LNFCU members on their path to financial success”, says Sam Whitehurst, President and CEO of Summit Credit Union.
About Summit Credit Union (NC)
Summit Credit Union was established in 1935 and is a full-service not-for-profit financial cooperative, providing services to employees at over 300 companies throughout North Carolina. It has about 37,000 members and approximately $338 million in assets. Summit Credit Union
offers a full portfolio of personal financial products, including checking accounts, debit cards, credit cards, online banking, direct deposit, mobile app, ATMs, and more.
For more information, visit SummitCU.org and follow us on Facebook, Instagram, Twitter, and LinkedIn.