Wausau City Employees Credit Union Will Merge With Connexus Credit Union
Connexus Credit Union
During its Annual Meeting yesterday, May 6, members of Wausau City Employees Credit Union (WCECU) voted in favor of merging with Connexus Credit Union. As such, effective June 1, all current WCECU members will become members of Connexus, and anyone in WCECU’s current field of membership (employees of the City of Wausau and their families) will be invited to join Connexus Credit Union.
“The upcoming retirement of WCECU’s president as well as an overall desire to offer our members a more robust line of products and services prompted this decision,” states Barb Schmidt, WCECU’s Board Chair. “Connexus has a 75-year history of working with select employee groups and providing customized solutions and outstanding service. As we thoughtfully considered this decision and who would provide the best experience for our members, Connexus was the obvious choice.”
“We are excited to welcome members of Wausau City Employees Credit Union into our Connexus family,” says Dave Christenson, Connexus President/CEO. “We congratulate Judy Westphal on her retirement and thank WCECU’s Board and members for the confidence they’ve placed in us to serve their needs.”
About Wausau City Employees Credit Union – Founded in 1961 to serve employees of the City of Wausau and their families, WCECU currently has 820 members and assets of $3 million.
About Connexus – Founded in 1935 to serve employees, retirees, and families of Wausau Insurance Companies, Connexus has fostered strong partnerships and long-lasting financial relationships with the employees, retirees and family members of Liberty Mutual Insurance, UMR, and staff, students and alumni of Northcentral Technical College. Over the past several years, Connexus has extended service to over 23,000 members across the U.S. and has recently exceeded $312 million in assets.