Billings Federal Credit Union and Big Sky Federal Credit Union announced that the merger between their two credit unions has been approved by the National Credit Union Administration. The membership of Big Sky FCU voted to merge with Billings FCU on October 18, 2018. Operational integration will be completed by February 1, 2019. The combined credit union will hold $158 million in assets and serve over 10,000 members.
Tom Boos, President/CEO of Billings FCU, will continue to lead the combined organization. “The Board of Directors and the staff of Billings FCU are excited to move forward with merging Big Sky FCU into our membership and provide them greater access to products, services and technology,” said Boos. “This partnership will allow us to broaden our branch network, expand our presence, and further strengthen our commitment to the community.”
With the completion of the merger, Billings FCU will have four locations in Billings.