CCU, Andigo merger completed

SCHAUMBURG - Andigo Credit Union and Consumers Credit Union officially merged on June 1, creating the 5th largest credit union in Illinois.

The newly combined credit union, which will operate under the name Consumers Credit Union, serves more than 163,000 members and over $2.3 billion in assets. The combined credit union employs more than 500 people in the Chicago area and offers members 18 branches, access to a national shared branching network, with more than 80,000 surcharge-free ATMs worldwide.

While the merger is official, the two credit unions will continue to run their respective operations, mostly as-is, until 2021. The transitional period provides time to fully integrate the two organizations. During this time, Andigo will operate as Andigo Credit Union, a Division of Consumers Credit Union - offering their current products and services to both existing and new members.

The two credit unions originally announced their intention to merger in summer 2019.