Summit Credit Union announces merger with Lincoln National Federal Credit Union
Monday, December 2, 2019
Greensboro, NC – Summit Credit Union is pleased to announce the merger of Lincoln National Federal Credit Union (LNFCU). The merger officially took place December 1, 2019.
LNFCU’s Board of Directors selected Summit Credit Union as a merger partner this year, with LNFCU members voting in favor of the merger on November 19, 2019. Based in Greensboro, NC, Lincoln National Federal Credit Union was chartered in 1935, has over 900 members, and assets of over $13 million. It currently serves employees of Lincoln Financial Group.
“We have enjoyed assisting Lincoln National Federal Credit Union through the merger process,” said Summit Credit Union President and CEO Sam Whitehurst. “It will be our pleasure to work with LNFCU members on their path to financial success.”
About Summit Credit Union
Summit Credit Union was established in 1935 and is a full-service financial cooperative providing services to employees at over 250 companies throughout North Carolina. It has over 36,000 members and assets of approximately $260 million. Summit Credit Union offers a full portfolio of personal financial products, including checking accounts, debit cards, credit cards, home banking, direct deposit, mobile app, ATMs, and more.
For more information, visit www.summitcu.org and follow us on Facebook, Instagram, Twitter, and LinkedIn.