Resource One Credit Union Merger Completion
A New Direction Credit Union and Resource One Credit Union officially merged in October 2022.
DALLAS, TX (December 9, 2022)
Resource One Credit Union (R1CU) and A New Direction Credit Union (ANDCU) announce that they have received regulatory approval to merge, effective August 1, 2022. More than 2,700 members of ANDCU are joining Resource One Credit Union’s 68,000 members, and ANDCU’s branches and ATMs will be added to the current Resource One Credit Union branch and ATM network.
Resource One Credit Union announces that they have officially merged with A New Direction Credit Union (ANDCU), effective October 31, 2022. The 2,700 members of ANDCU joined Resource One Credit Union’s 68,000 members. Additionally, this unification brought R1CU two new locations in the north Dallas area.
“We are pleased to welcome the members of A New Direction Credit Union to the Resource One family.” Mary Beth Spuck, President and CEO of Resource One Credit Union added, “It’s our honor to continue to serve the members of ANDCU and provide the same level of outstanding service ANDCU has delivered to its members since 1969. With this merger, we are confident that our united organization will deliver a broader range of banking services, technology, and resources that ANDCU members can leverage to achieve their financial goals.”
The merger increased Resource One’s assets to over $797 million, and they will have over 70,000 members.
About Resource One Credit Union
Resource One Credit Union was originally chartered as Sears Dallas Employees Federal Credit Union in 1936. Over time, the increased demand for more locations and additional products and services prompted the expansion of our product lines and field of membership. Today, Resource One proudly serves as a not-for-profit financial institution for the communities of Dallas and Northwest Harris counties. Resource One Credit Union has 13 convenient locations to serve our 70,000 and counting members. Visit Resource One Credit Union’s homepage at www.r1cu.org.
About A New Direction Credit Union
A New Direction Credit Union was initially chartered as Presbyterian Hospital Credit Union in February 1969. The credit union serves primarily the employees and physicians of Texas Health Resources Hospitals and Affiliates, in addition to several other employment groups. ANDCU has over 2,700 members and operates two branches in Dallas, TX. Visit A New Direction Credit Union’s homepage at www.andcu.org.