Icon Credit Union and Horizon Credit Union Merger Now Complete
Announced early this year, the merging of the two credit unions will offer both fields of membership greater access to valuable financial services.
As of Nov. 2, Icon Credit Union, based in Boise, and Horizon Credit Union, based in Spokane Valley, Washington, have officially merged.
First announced back in January, this partnership offers members the advantage of branch access across four states, increased call center hours, and access to more robust digital services. The increase in capital will allow for further investment to fulfill member needs, including a continued effort to provide top-of-the-line eServices and technology for member convenience and ease of access.
The member vote was complete and certified on July 1, with Icon members voting overwhelmingly in favor of the merger with Horizon. On Aug. 1, Icon legally became part of Horizon Credit Union, and on Nov. 2, Icon’s member records were successfully migrated into the Horizon system.
“Each of our credit unions was founded by honest, hard-working folks who wanted their friends and neighbors to be provided financial services with integrity,” said Jeff Adams, Horizon President and CEO. “Together we will carry on the tradition of providing these values and services.”
The joint credit union will operate under the Horizon Credit Union name. Horizon is headquartered in Spokane Valley, Washington. Jeff Adams, current President and CEO of Horizon, will lead the combined organization. Connie Miller, current Icon Credit Union President and CEO, will serve as the Regional President, overseeing the current Icon region in Idaho and Oregon.
The combined organization will share assets of over $1.5 billion and more than 100,000 members. All 28 branch locations between the combined organization will remain open and members can anticipate the same level of service they’ve come to enjoy and rely on.
Have a question or comment about this story? Email us!