Exciting News to Share – Better Together

 A message from your CEO, Tim Bosiacki

It has been my great honor to serve as the chief executive officer at TruStone Financial for the last ten years. Because of your loyalty and support, your neighborhood credit union is financially strong, well-managed, and diligently governed by the volunteers who serve on our board of directors.  

We’ve accomplished much together, including expanding into Wisconsin, growing to more than $1.6 billion in assets, and surpassing 80 years of outstanding service to you, our members. It truly has been a decade of milestones, and I’m excited to tell you that we’ll share two more yet this year!

The time has come to announce my retirement from TruStone Financial. It has long been my plan to retire in January 2021, and I’m proud that TruStone Financial will be the pinnacle of my long career in financial services. Thank you for making that possible.

My second announcement is even more exciting:  the Board of Directors has voted to approve a merger with Firefly Credit Union. For the past several months, we’ve been working side by side with Firefly’s board and its President and CEO, Dale Turner, to assess the value of this partnership. During our work together, one thing became more and more evident: our two organizations are, simply put, better together.

Unlike a traditional bank merger, this is not a buyout or acquisition. Instead, this represents a truly collaborative partnership between two financially healthy credit unions committed to their members. The phrase “better together” is a perfect adage. Together our 190,000+ members would have more branch locations, enhanced services, and improved technology.

Firefly and TruStone share similar values, philosophies, and commitment to community. We both believe passionately in providing competitive value and extraordinary experiences to our members. Together, as TruStone Financial, we will remain committed to these same principles. Upon my retirement and the completion of the merger, Dale Turner will be named president and chief executive officer of the combined organization.

We know you will have questions during this process, and we will keep you informed in the months to follow. We’ve included answers to a few common questions regarding the merger below. If you have additional questions after reviewing, please contact us at 1.800.862.1998.

Sincerely,
Tim Bosiacki
Chief Executive Officer

 

TruStone Member Frequently Asked Questions