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FAQ Category: merger announcement
  • How can I stay informed about this merger?

    To stay informed about the merger, please visit our dedicated Hub at providencecu.org/merger for the latest updates. This resource is designed to provide you with all the necessary information, including timelines, changes to services, and any actions you may need to take. It’s a one-stop-shop for all merger-related news, ensuring you’re always in the know…

    Read more…: How can I stay informed about this merger?
  • How long does the merger process take?

    About a year. The goal is to have all PFCU members migrated to CCCU’s systems by mid-2025.

    Read more…: How long does the merger process take?
  • Can I give input or ask questions about the process?

    Yes, your input is incredibly valuable during the merger process between credit unions. It’s a time of significant change and your voice matters. Both credit unions will be hosting a special membership meeting to answer any questions our members might have regarding the merger. During this process, each eligible PFCU member will have the opportunity…

    Read more…: Can I give input or ask questions about the process?
  • How will the merger impact PFCU employees?

    The merger of a credit union is a significant event that often brings about a wave of change, but one of the most positive outcomes is the retention of all employees. This decision reflects a commitment to staff continuity and stability, which can be incredibly reassuring for the workforce. It means that the employees can…

    Read more…: How will the merger impact PFCU employees?
  • What if I already have an account open with PFCU and CCCU?

    If you have an account open at each credit union, your PFCU account will move over to CCCU resulting in two separate accounts, which is anticipated to be in June 2025.

    Read more…: What if I already have an account open with PFCU and CCCU?
  • Is Consolidated Community Credit Union financially secure?

    Yes, CCCU was ranked in the Top 100 for top-performing credit unions in the United States by S&P Global Market Intelligence. They rank at number 47 overall and number 2 in Oregon for financial stability.

    Read more…: Is Consolidated Community Credit Union financially secure?

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