Cooperative Center FCU Announcement
Nuvision is excited to be in the process of pursuing a merger partnership with Cooperative Center Federal Credit Union (Cooperative Center) in Northern California. Cooperative Center is a natural fit as a partner, sharing our People Helping People values and deep commitment to giving back to our communities. Together, we can bring even greater value to our collective memberships – enhancing member benefits while retaining our long legacies of personal service and dedication to our member relationships.
Joining forces with Cooperative Center will expand Nuvision’s service area into the northern part of the state with two new branches for our members in Martinez and Berkeley, California. Through the partnership, Cooperative Center members would have access to significantly expanded products and services, new banking technologies, our Nuvision branch network, and much more. And, because both credit unions are certified as Community Development Financial Institutions, we will be able to expand our community investment programs and partnerships into new areas.
Our merged organization would continue to use our Nuvision name and systems, and Roger Ballard will remain CEO. We have great respect for the Cooperative Center Board, leadership and staff, and look forward to all that we can offer our members through this cooperative partnership. The merger proposal is currently pending approval by Cooperative Center members. Assuming approval is received, we estimate the merger will be finalized by spring 2024. We will share more news in the coming months about this partnership and all that it will bring members.