Mankota Credit Union is joining forces with Innovation Credit Union.

 

The amalgamation proposal was approved this week, bringing Mankota Credit Union, a small one-branch Credit Union in the southwest, into the Innovation family.

 

Innovation CEO Daniel Johnson says in pursuing the merger, they believe what has made them successful in the past was paying attention to the rural economy, and when Credit Unions talk with them about potential merger opportunities, they want to help them out and see if there is an opportunity to partner with the Credit Union.

 

Johnson adds the amalgamation received unanimous support at a special member's meeting held on Thursday night.

 

 

The amalgamation will take effect January 1, 2012, and will add a 27th branch to Innovation Credit Union.