Firemen’s Federal and West Jefferson Agree to Merge
The Boards of Directors of New Orleans Firemen’s Federal Credit Union and West Jefferson Federal Credit Union have agreed to merge financial institutions under the New Orleans Firemen’s Federal Credit Union brand. The combined credit union will have over $250 million in assets, ten branch locations, and approximately 28,000 members.
“Our membership will thrive as a result of this partnership. We are excited to provide increased accessibility, benefits, and digital services to our membership. At this time when we see more everyday challenges and uncertainties than ever before, it is more important than ever to make available strong financial solutions to our members for their continued success,” said Gail Bruce, Board Chairperson of West Jefferson.
“We are honored to have the opportunity to serve these members. Firemen’s Federal lives by the original philosophy of people helping people. Bringing our two credit unions together allows for greater opportunities for financial wellness and empowerment. We are excited to welcome West Jefferson into our Firemen’s Federal family and share our resources with their membership,” said Joseph Jurisich, Board Chairperson of Firemen’s Federal.
About West Jefferson Federal Credit Union
The West Jefferson Credit Union was founded in 1980 by employees of West Jefferson Medical Center. The Board of Directors today is still made up of employees of the Medical Center. West Jefferson serves over 1,300 members today.
About New Orleans Firemen’s Federal Credit Union
New Orleans Firemen’s Federal Credit Union is a full-service financial institution serving over 27,000 members across Louisiana and Mississippi, and the second oldest federally insured credit union. New Orleans Firemen’s Federal Credit Union is a certified Community Development Financial Institution (CDFI). Within their field of membership, New Orleans Firemen’s Federal Credit Union proudly serves the underserved and brings a full array of financial service products to communities that have been underbanked and excluded by mainstream financial institutions.