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This is Lane Beattie of the Salt Lake Chamber with your Utah Business Report.
On Sunday, the Pocahy (Pochay) Family Federal Credit Union merged with Mountain America Credit Union.
Pocahy Family Federal Credit Union, a 15.3 million dollar institution based in Pocatello, Idaho, has a long tradition of providing members with quality, competitive financial services in a personal, professional and efficient manner. They approached Mountain America in late 2011 about a possible merger to help combat the increasing competitive environment.
The Pocahy Family CEO T.J. Kennedy said that this merger would allow them to strengthen their service to their 22-hundred-plus members. Mountain America also acknowledges this merger is a win-win for both institutions and their members.
Mountain America has more than 70 branches in five states and specializes in a variety of financial products and services. Dating back to the 1930s, Mountain America is a tradition for many members, serving more than 373 thousand, and has over 3 billion dollars in assets.
This is Lane Beattie for KSL News Radio.
