centra-credit-union-to-merge-with-northpark
Centra Credit Union has announced an upcoming partnership with NorthPark Community Credit Union.
The merger would bring NorthPark into Centra Credit Union while bringing more benefits to the combined members. Centra Credit Union says members’ accounts, services, and digital banking information will not be impacted by the partnership. More information will be released to members in the coming months.
NorthPark owns two branch locations, in Zionsville and Lebanon, which Centra will work to reopen mid-year 2024 to expand to the branch network.
No branches will be closed as a result of the partnership. Once the credit unions are combined, Centra will immediately begin work to reopen NorthPark’s two closed service centers in Zionsville and Lebanon. The two locations have been closed since 2019 when NorthPark began operating as a virtual-only credit union. After repairs and renovations, the Lebanon site should reopen in the second quarter of 2024 while the Zionsville target date is the second half of 2024. Renovations include adding office space for mortgage lenders, financial advisors, and business services experts.
NorthPark is an award-winning leader in financial education and serving the underbanked. They call this program their Onward initiative, which Centra will adopt and expand in 2024.
NorthPark has experience and expertise serving the Spanish-speaking community, which will bring more Spanish language resources to our Membership.
NorthPark is an entirely virtual credit union with approximately $43 million in assets and 4,800 Members. NorthPark was chartered in 1933 in Lebanon, Indiana.
Centra and NorthPark’s field of membership will be combined, meaning more people will be eligible. Due to a regulatory limitation, the township of Decatur in Marion County will not be eligible for membership, but any existing members in the township may continue to bank with the credit union. Additionally, individuals living in Decatur township may qualify through other membership eligibility options, such as through an employer.
Get the most recent Shelby County Post headlines delivered to your email. Go to shelbycountypost.com and click on the free daily email signup link at the top of the page.
IECC mourns the death of Terry Bruce
POW/MIA Honor Chair dedicated in Lawrenceville
Lawrence County man sentenced to prison
VU Board of Trustees endorses major upgrades to on-campus housing
Red Hill Unit #10 to start SAC project
LCHS to hold special meeting at courthouse
Lawrence County Unit #20 continues principal selection process
New agency directors introduced in Lawrence County
Dana closing its doors in Robinson, over 80 jobs lost
Road closure planned for State Road 67 in Knox County
Bridgeport sets city wide cleanup dates
LCMH names new Chief Medical Officer
Vehicle pursuit leads to multiple charges against Lawrence County woman
Two wanted subjects picked up in Lawrence County
New housing development moves forward in Vincennes
People urged to take precautions against tick-borne disease as risk increases with warmer weather
First Brand Group sale approved
LCHS to co-host special program
Vincennes man arrested after pursuit that reached 150 mph
