Skip to main content
You have permission to edit this article.
Edit
Greensboro credit union agrees to merge with Charlotte Metro

Greensboro credit union agrees to merge with Charlotte Metro

  • Updated
  • 0
{{featured_button_text}}

Charlotte Metro Federal Credit Union said Monday that plans to acquire Premier Federal Credit Union have been approved by Premier’s members.

The acquisition is expected to be completed in August, at which time the combined credit union will unveil a new brand name.

Premier, based in Greensboro, operates seven branches with $226 million in total assets. Besides its branch at 1400 Yanceyville St., it also has two branches in Salisbury and one each in Asheville, Forest City, Graham and Kings Mountain.

Charlotte Metro will have 91,000 members and 17 branches and total assets of $1 billion. Bob Bruns will serve as chief executive of the combined credit union.

336-727-7376

@rcraverWSJ

Be the first to know

* I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy.

Related to this story

Most Popular

April signals the start of strawberry season in North Carolina, and local growers are optimistic about the 2021 season and anticipate a crop that should last through Memorial Day, according to the state Department of Agriculture. 

Get up-to-the-minute news sent straight to your device.

Topics

Breaking News

News Alerts