HomeTown Credit Union will merge with Community 1st Credit Union
posted on Wednesday, December 29, 2021 in Announcements
Community 1st Credit Union in Ottumwa, Iowa announced this week that the members of HomeTown Credit Union will merge with Community 1st Credit Union on Monday, March 7, 2022.
Founded in 1978, HomeTown CU has been serving members for over 40 years, and currently has approximately 800 members. The credit union has one location in Shenandoah, Iowa.
Greg Hanshaw, President and CEO of Community 1st, commented, “This is an exciting opportunity to partner with HomeTown CU and its membership in Western Iowa. I firmly believe HomeTown CU and C1st are a great fit and that this will be a very rewarding partnership for all involved. Together, we will be even better.”
The new combined organization will have over 68,000 members with nearly $1B in assets. With 21 branches throughout southern Iowa, C1st members can expect even greater convenience and continued high-quality member service.