Sound Credit Union and Fluke Employees’ Federal Credit Union Complete Merger
TACOMA, WA – July 1, 2020 – Sound Credit Union (Sound) completed its merger with Fluke Employees’ Federal Credit Union on June 30, 2020. The merger was finalized with the completion of the FEFCU member accounts being integrated into Sound.
“The integration was the final step in bringing our organizations together,” said Don Clark, Sound’s President and CEO. “We are excited to welcome the FEFCU members to Sound and look forward to building strong relationships with them.”
FEFCU members now have access to Sound’s full suite of products and services, as well as access to all 28 full-service branches located throughout the Puget Sound.
The merger process started in early 2020 with the Board of Directors from each credit union unanimously approving a merger agreement between the two organizations. The next steps included approvals from state and federal regulators, followed by approval from the FEFCU members in May 2020.
About Sound Credit Union
A Northwest original since 1940, Sound is one of Washington State’s largest credit unions, driven by the purpose of standing with members, employees and the community through all waves of life. Sound provides authentic and trusted financial support and services with full-service branches around the Puget Sound.
Media Contact
Jennifer Reed, VP/Public Relations, Sound Credit Union
253.552.2928
[email protected]
More details available at www.soundcu.com/merger
