Credit unions merging


Honor Credit Union operates branches across West Michigan and the Upper Peninsula. Photo via

A pair of credit unions in the region are planning to merge.

Battle Creek Area Community Federal Credit Union, or BCACFCU, is "partnering" with Berrien Springs-based Honor Credit Union.

The deal is expected to be completed by the end of the first quarter, pending regulatory and BCACFCU member approvals.

Financial terms of the deal were not disclosed.

“Combining forces with an organization that shares our core beliefs and values is key, and we look forward to expanding upon our tradition of excellent member service,” said Liz Amundson, CEO, Battle Creek Area Community Federal Credit Union.

The merger

By combining the resources of each credit union, the merger is expected to facilitate growth in communities, provide better services to current members and expand membership.

BCACFCU, which operates a single office in Battle Creek, would become part of Honor Credit Union, and its corporate office would be moved into the Berrien Springs headquarters of Honor Credit Union.

No branches are planned to be closed as part of the deal.

Additionally, no employees are expected to be shuffled as part of the merger, as there is “no overlap” between the two organizations, Honor Credit Union said.

Both credit unions operate on the same data processing system, which is expected to reduce overhead costs of the merger. They would also combine phone systems, internet banking systems and ATM networks.

“Collaboration is what the credit union movement is all about,” said Scott McFarland, CEO, Honor Credit Union. “We’re excited to partner with BCACFCU and the opportunities that will come with working together with this great team and community.”


Founded in 1934, Honor Credit Union was originally formed to serve educators in Berrien County.

Honor operates 17 branches and offers members access to more than 35,000 affiliated ATMs and shared branches.

The credit union managed nearly $665 million in assets in 2015.


Formed in 1935 as VETERANS Facility (Camp Custer) Federal Credit Union, Battle Creek Area Community Federal Credit Union offers access to more than 25,000 ATMs nationwide.

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