Credit Unions Announce Merger To Benefit Communities

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Credit Unions Announce Merger.

Credit Unions Announce Merger.

Marquette, MI – (Great Lakes Radio News) – A merger between two credit unions is set to benefit residents around the state.

SIR Federal Credit Union is merging with Honor Credit Union. SIR selected Honor Credit Union to align with for the purpose of benefiting members of both credit unions.

SIR Federal Credit Union CEO Ron Lauren and Honor CU CEO Scott McFarland discussed the merger recently with News Director Walt Lindala.

SIR currently has three locations in the Upper Peninsula, Negaunee, Marquette, and Gwinn.

Upon regulatory approval and a positive member vote from SIR Federal Credit Union members, SIR will become a part of Honor Credit Union.

The partnership will result in a $550 million dollar organization with over 51,000 members across the State.


LISTEN IN – More on the merger of SIR FCU and Honor CU.

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