Growing To Better Serve You
October 1, 2013
Goldenwest is embarking on the largest expansion project in our 77 year history. Our federal regulator, NCUA, officially recognized Goldenwest and USU Credit Unions as a single organization beginning October 1st. Together, we will serve 100,000 members and operate 26 branches from Logan to St George.
Effective immediately, USUCU members will see an increase in share savings dividends to match Goldenwest’s rates. As we move through the systems merger process during the next several months, USUCU members will be introduced to higher dividend rates, lower loan rates, and a broader range of products and services.
With the merger, Goldenwest’s field of membership has expanded to include all students, faculty, and staff of Utah State University campuses and extensions. In addition, the immediate family members of USU students and employees are eligible to join Goldenwest.
We are aware that many former Utah State students joined USUCU during their time in Cache Valley, and then left the credit union as they moved to other parts of the state. We invite USU alumni and Aggie fans throughout Utah to become USUCU members at any Goldenwest office. We are committed to carrying the traditions and spirit of USU throughout in all of our branches.
Goldenwest’s expansion efforts are in-line with Utah’s economic forecast showing strong and sustainable growth. Not only are we expanding our branch network in the northern portion of the state, we are pleased to announce plans to begin construction on a second branch office in St George during 2014.
The foundation of the credit union industry is service. We believe Goldenwest’s growth will better serve our members and strengthen our communities.
I extend my heartfelt welcome to USUCU employees and members as you become part of the Goldenwest family. Thanks for trusting us with the opportunity to serve you.
Sincerely,
Kerry H. Wahlen
President/CEO
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