News

You Voted Yes! Chaco merges with Telhio CU

 

October 1, 2016, Hamilton, OHIO – Telhio Credit Union of Columbus, Ohio, announced today the completion of a merger with Chaco Credit Union of Hamilton, Ohio.

 

The collaboration is a strategic move to offer members access to the latest technologies and financial services of larger institutions while continuing the founding principles a not-for-for profit credit union affords the member and local community. Both organizations look forward to continuing to offer members great value, rates, services and financial education while providing the area with community support in the form of time, talent and treasure to build the economy.

 

“One of the things that motivated us to merge is our shared focus on community,” says Leslie Bumgarner, CEO of Telhio Credit Union. “By coming together, we can impact our local communities and broaden this impact by having more boots on the ground that can serve our members and the community-at-large.”

 

The combined organization will merge systems and processes methodically over the next eight months to ensure a smooth transition for members in both marketplaces.

 

The new institution serves 11 counties in Ohio and will have assets in excess of $780 million. With the merger, it has become one of the five largest credit unions in Ohio, serving more than 72,000 members. More information is available by calling 513-785-3500 

Our Difference is Simple

When it comes to your financial plan, we understand what you need now and more importantly, what you need tomorrow. We are here to help you get the most out of both. Whether just starting out or preparing to retire, we help you become financially prepared and fully informed. At Chaco, we bring you the same expertise and competitive services as other institutions, but with the compassion and genuine care that can only come from being member-owned and operated. From CDs and savings to mortgages and more, we work to keep things simple when it comes to your finances – so you can focus on your life. And that makes a difference.