KV Federal Credit Union Merges With HealthFirst Federal Credit Union and Begins Integration
KV Federal Credit Union (“KVFCU”), the Augusta, Maine-based, full-service financial institution, with more than 7,800 members and over $60 million in assets, today announced its merger with HealthFirst Federal Credit Union (“HealthFirst”), the Waterville-based federal credit union with approximately 3,200 members and more than $15 million in assets, to better serve their members. The merger integration phase, during which HealthFirst data and processes will be transferred to KVFCU’s systems, is expected to be complete on November 1, 2016. KV Federal Credit Union will be retained as the name... Read more »
FAQs about the KV/HealthFirst Merger
Questions and answers about the merger of KV Federal Credit Union with HealthFirst Federal Credit Union. Read more »
Credit Unions 101: We're just like banks but without the profit!
Did you know that KV Federal Credit Union offers the same services common to most financial institutions? Or that KV Federal Credit Union does not issue stock or dividends like for-profit banks. Instead, earnings are returned to members in the form of lower loan rates, lower fees and higher interest rates on deposits.
Check out the US Treasury's mymoney.gov website for ways to be more financially savvy
The US Treasury's mymoney.gov website is packed full of information, games, fun facts about money, tips for saving and planning for the future, guidance and helpful tools for teaching financial capability.