DFCU Financial Federal Credit Union headquartered in Dearborn, Michigan, and CapCom Credit Union, headquartered in Lansing, Michigan, today filed an application with the Office of Financial & Insurance Regulation (OFIR) and the National Credit Union Administration (NCUA) to merge the two credit unions.
After the merger, the new organization will assume the DFCU Financial Credit Union name and will be a state credit union chartered in Michigan under OFIR. It will serve more than 200,000 members with 21 full-service branches and approximately 500 employees. In addition, the credit union will have $2.2 billion in assets and remain the largest credit union in Michigan and one of the largest in the nation.
