Credit union announces merger plan


Credit Union of America has an agreement in place to merge with Central Kansas Credit Union.

Members of both credit unions will have to approve the merger. Voting will conclude March 29. If approved, the merger is expected to close in June.

The merger would help Credit Union of America expand its footprint regionally. Central Kansas has a branch in Hutchinson and Pratt.

CUA intends to retain the Central Kansas employees at both locations.

Frank Shoffner, CUA’s CEO, was not immediately…

Previous Stock awards boost pay for BB&T CEO by 9.1 percent, COO by 25 percent
Next State Street goes on hiring spree outside of Boston