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Michigan Credit Union League

Team One and Owosso Columbus CUs Announce Merger

Team One CU announced that it has completed a merger with the former Owosso Columbus CU.

The NCUA, OCCU board and OCCU membership have approved the merger.

Owosso Columbus’s office on Main Street in Owosso will become a Team One branch office. The merger will provide OCCU members with a wider range of financial products and services, including mortgages, certificates of deposit, indirect auto loans, commercial loans, investment services and a call center with expanded hours.

“We feel this merger will be very beneficial for both of our organizations,” Team One President/CEO Gerald Hutto said. “It gives OCCU members access to many financial products and services that weren’t available to them previously and it gives Team One the opportunity to serve the existing members and grow our membership in Shiawassee county and surrounding areas.”

Future plans include building a larger branch in Owosso to include a multi-lane drive-thru and drive-up ATM.

Team One CU has more than 38,500 members and $415 million in assets.

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2015-02-23 00:00:00