What’s happening between Metro Credit Union and Members Plus Credit Union?

Metro Credit Union and Members Plus Credit Union have announced their intent to merge, forming a partnership designed to strengthen service, expand access, and support members and communities for the long term.

Not yet. The merger is pending approval by members of both credit unions and by regulatory authorities. Until those approvals are complete, both credit unions will continue to operate independently.

Why are the credit unions merging?

This partnership allows both organizations to combine strengths, invest in innovation, and better meet members’ evolving financial needs while staying true to credit union values like local service, financial empowerment, and community engagement.

What are the benefits for members?

Pending approval, members can expect expanded branch access, greater investment in technology, continued people‑first service, and a stronger, more resilient combined credit union for the future.

Will I still see the same employees at my local branch?

Yes. Employees from both credit unions will continue serving members, and all Members Plus employees will be offered positions joining the Metro Credit Union team.

Do I need to do anything right now?

No action is required at this time. Members will be notified if any action is needed in the future.

Will my accounts change right now?

No. There are no immediate changes to your accounts, services, or how you bank today. You can continue to use your accounts as you normally do.

Will my account numbers, debit cards, or online banking change?

Not at this time. If any changes are needed in the future, they will be communicated clearly and well in advance with detailed instructions.

Is my money still safe and insured?

Yes. Deposits will continue to be federally insured by the NCUA, and deposits above NCUA limits will continue to be insured by MSIC, just as they are today.

Will branch locations close?

No branch closures have been announced. Pending approval, the combined organization is expected to operate 25 branches, expanding access while maintaining trusted local branch relationships.

Which credit union name will be used?

Metro Credit Union will be the continuing credit union. Additional details about branding and naming will be shared as the merger process progresses.

Will fees, rates, or products change?

There are no immediate changes to fees, rates, or products as a result of the announcement. Any future changes would be communicated clearly and in advance.

When would the merger take effect?

If approved, the anticipated effective date of the merger is the end of 2026.

How will members be kept informed?

Members will receive regular updates through email, mail, branch communications, and online channels as the merger moves through the approval process.