Yakima Valley Credit Union (YVCU) held an Open House at its newly remodeled Westside Branch, August 1-5.  The branch is located at 122 North 50th Avenue, Yakima, WA.  This is the first remodel of its kind for Yakima Valley Credit Union. The remodeled branch offers new cash dispensing machines, the Credit Union’s first deposit-taking ATM, and more. 

The branch is managed by Cori Hammermeister.  Cori has been with the Credit Union for over 10 years and has been the Branch Manager of the Westside Office since June 2008.

The Yakima Valley Credit Union currently serves over 30,380 members in Central Washington, with $287 Million in assets. The Credit Union is open for membership to anyone who lives or works in the Yakima or Kittitas Counties.

The Department of Financial Institutions and the National Credit Union Association (NCUA) have approved the merger application for Catholic Credit Union (CCU) and Yakima Valley Credit Union (YVCU).   The members of Yakima Valley Credit Union will now vote on the pending merger and will be encouraged to vote yes for the benefits this merger will bring.  Members can expect to receive their voter’s packet in the mail in mid-July.  Both credit unions have determined the merger will create additional value for members of their respective organizations.  

“Catholic and Yakima Valley have shared the market for a number of years,” said Paul Regimbal, President/CEO of Catholic CU. “We have worked together on bettering the lives of people in our communities and share many of the same members, which is why a merger presents a lot of opportunity for both organizations.”

CCU and YVCU are independently strong, federally insured, and well-capitalized credit unions in excellent financial condition.   The combined credit union would have approximately $471 million in assets and service the needs of close to 50,000 members.  Members will have access to eight full service branches, more ATMs, enhanced technology with home banking and mobile banking, better pricing and better rates and the same level of professional and friendly service.  The new credit union will retain all employees of both credit unions which will employ approximately 150 residents.  A Board of Directors will be formed of seven YVCU members and six CCU members and the chairman will be CCU’s current chairman.