NuMark Credit Union Merges Systems with NorthStar Credit Union
We’re Stronger Together
After regulatory approval from both the Illinois Department of Financial and Professional Regulation (IDFPR) and the National Credit Union Administration (NCUA) along with a positive membership vote NorthStar Credit Union merged with NuMark Credit Union on January 1, 2021. As a strategic collaboration, the best systems, products, and services from both credit unions have now been merged into NuMark Credit Union as of March 1, 2021.
Now that the conversion process is complete, Lloyd Fredendall has become the new President and CEO of NuMark Credit Union. Ann M Dubie, the credit union’s previous CEO, recently retired after 40 years of helping members enrich their financial lives.
Now, NuMark Credit Union will have over 140 employees to serve their membership. The same faces that members have come to know will remain.
“Our members come first in all that we do,” says Fredendall. “NuMark Credit Union now has an expanded branch network and the ability to invest in technology and service capabilities that will meet the demands of today’s consumers and support the growth of the credit union well into the future.”
With assets of $570M, NuMark Credit Union offers products and services designed to help their 50,000 members do more with their money. Members have access to their money through online and mobile banking, 9 branch locations, 5,600+ shared branching locations and 55,000+ Surcharge-free ATMs. For more information about the strategic collaboration, visit the credit union’s website at numarkcu.org/merger.