SharePoint Credit Union Announces Merger with West Financial Credit Union
Monday, March 12, 2018
SharePoint Credit Union - BLOOMINGTON, Minn. (March 12, 2018) - With 100% affirmative vote from the West Financial Credit Union (WFCU) members, a merger between SharePoint and WFCU will become effective on April 1, 2018. The operational merger will take place later in 2018. The combined credit union will be headquartered in Bloomington, MN and operate under the SharePoint Credit Union name. Phillip Kopischke will serve as President and Chief Executive Officer of the combined credit unions.
Founded in 1958, West Financial Credit Union has grown to an asset size of $28 million, serving over 3400 members under the leadership and dedication of President and CEO, Renee Schuyler. “This merger/partnership provides the value and service our members expect, along with increased access, a shared, like-minded philosophy of values and member service that made the merger with SharePoint a unanimous decision!”
“SharePoint is excited to merge/partner with West Financial Credit Union; we share similar cultures and values, making this a beneficial and seamless transition. Both WFCU and SharePoint members will benefit from expanded access while also providing SharePoint with additional opportunities to serve the community,” said Phillip A. Kopischke, SharePoint Credit Union President & CEO.
About SharePoint Credit Union
Since 1933, SharePoint has been providing financial solutions to consumers and businesses, including over 60 Partner Companies and their affiliates, as well as those who live, work, worship, attend school or conduct business in the Seven-County Metro Area. SharePoint serves over 19,000 members across the United States, primarily in the Midwest, with branch locations in Andover, Bloomington, Burnsville, and St. Louis Park, MN, with over $200 million in assets.