Two Ohio Credit Unions Finalize Merger


Latest merger for Pathways creates a $492 million credit union serving 40,900 members with 15 branches in the central and southwestern Ohio markets.    

Pathways Financial Credit Union($454 million assets &37,406 members)headquartered in Columbus, Ohio and Standard Register Federal Credit Union($38 million assets &3,500 members) located in Dayton, Ohio announced today that the strategic merger between their two credit unionswas finalized on September 1, 2020.

Michael Shafer, a veteran of the credit union industry,has been CEO of Pathways since 1999. Mr. Shafer shared that, “This strategic merger expands our capacity and ability to offer competitive financial products and cutting-edge digital solutions to more of our members inthe Dayton area market. We will also benefit by continuing to builda platform for continued growth throughout Ohio.”

Standard Register Federal Credit Union’s single location at 175 Campbell Street near downtown Dayton will continue to operate as a branch of Pathways Financial Credit Union. Along with Pathways’ five Incenta division offices in Dayton and Springfield, the Campbell Street location will provide Pathways members with a total of six branch locations in the Dayton and Springfield areas.

“This merger is the beginning of anew era of opportunity for our members,” said Michael Frankey, President/CEO of Standard Register Federal Credit Union.“We’re happy to be part of it, and look forward to what the future will bring in terms of new products and services to help both current and prospective members in our community achieve their financial goals.”

About Pathways Financial Credit Union
Pathways Financial Credit Union is the fastest-growing credit union in Ohio,and the fourth fasting growing credit union in the United States over the last ten years. Pathways operates atotal of 15 branches in Ohio and Washington DC, including locations in Columbus, Dayton, Springfield, Grandview Heights, Gahanna/New Albany, Whitehall, Marysville, Delaware, and Aberdeen.

This content is for CU BUSINESS eMagazine , Special Deal: 2 websites , and NEW! The Leadership Team Builder Group Subscription members only.
Log In Register

Share post:


More like this

ALM First Announces New Dates & Locations for Fall M&A Master Sessions

Dallas, TX – ALM First has expanded its M&A Master...

United Federal Credit Union Names Will Schirmer Chief Human Resources Officer

JOSEPH, Mich. –United Federal Credit Union has named Will...

Rebecca White Joins Texas Trust as Vice President of HR

ARLINGTON, Texas – June 6, 2022 – Strengthening and...

There’s more to overdraft reform than just fees

The great overdraft debate has focused on fees. And...