PLYMOUTH, Minn. (August 24, 2016) – TruStone Financial Federal Credit Union announced today that members of Wisconsin-based Kenosha Postal Employees Credit Union voted to merge with TruStone Financial, effective September 10, 2016.
“On behalf of the board of directors, leadership and employees, I am pleased to welcome the members of Kenosha Postal Employees Credit Union to TruStone Financial,” said TruStone Financial Board Chair Tom Alagna.
Together with Kenosha Postal Employees Credit Union, TruStone Financial will have $1.1 billion in assets, serve more than 100,000 members and 13 locations across Minnesota and Wisconsin.
“With the increased demand for convenience and technology, the merger with TruStone Financial is beneficial for all members,” said Kenosha Postal Employees Credit Union Board Chair Patrick Neis. “Our members will now have access to a full-service financial institution, offering an expanded product line and online services, while continuing to strengthen the relationships we have built within our community.”
Months in the making, TruStone Financial worked closely with the credit union to ensure mutual benefit as a result of the merger.
“The existing TruStone Financial footprint across Wisconsin provides a number of communities with innovative banking technology and essential financial solutions,” said Chief Executive Officer Tim Bosiacki. “We are thrilled to have the opportunity to deepen our relationships in the Kenosha community and offer our unique products and services to serve more members than ever before.”
For more information, visit TruStoneFinancial.org or call 800.862.1998.
About Kenosha Postal Employees Credit Union
Kenosha Postal Employees Credit Union was chartered in 1927 and served employees, family and friends of the United States Post Office in Kenosha, Wisconsin.