USU Charter, Goldenwest Credit Unions merge gives options to members

Coming soon is a merger of Goldenwest Credit Union and USU Charter Credit Union, something USU Charter President and CEO David Butterfield said he couldn’t be more excited about.

Butterfield said the 56-year-old USU Charter Credit Union will become a division of Goldenwest Credit Union, which will mean more services will be offered to USU Credit Union members statewide and even on a national basis, something that has been difficult for decades.

“They become members while living her in Cache Valley, maybe as students or otherwise,” Butterfield said. “But when they move away they don’t have a branch network to offer them when they move to Salt Lake or St. George. Now we’ll be able to offer that to our members both here in Cache Valley and throughout the state.”

The board of directors at the two Utah-based credit unions said the partnership will bring about one of the strongest financial institutions in northern Utah with a combined 26 branches, $985 million in assets and more than 100,000 members.

Butterfield said the USU Credit Union will maintain its familiar brand in Cache Valley, staying true to its roots as an affiliate of Utah State University, but it will operate as a division of Goldenwest Credit Union.

Free News Delivery by Email

Would you like to have the day's news stories delivered right to your inbox every evening? Enter your email below to start!