Addition Financial Credit Union and Envision Credit Union have unveiled plans to merge, creating a unified financial institution aimed at broadening service capabilities across Central Florida, North Florida, and South Georgia. Pending approval from the National Credit Union Administration (NCUA) and a member vote, the combined entity will operate under the Addition Financial Credit Union name and leadership of current President and CEO, Kevin Miller.
Upon completion, the merged credit union will boast nearly $4 billion in assets, serving over 248,000 members through 38 branches across two states.
Shared Vision
Founded in 1937 and 1954 respectively, Addition Financial and Envision Credit Union share a common origin of empowering educators with better financial options. Over the decades, both institutions have expanded to serve broader communities while maintaining their people-first ethos.
The merger is positioned as a strategic alliance that will enable the combined credit union to:
- Expand product and service offerings.
- Optimize operational efficiencies.
- Continue delivering exceptional member service and community support.
“This merger will significantly enhance Addition Financial’s ability to serve more members and support both communities,” said Kevin Miller, President and CEO of Addition Financial Credit Union. “By uniting with Envision Credit Union, we can deliver even greater value while advancing our shared mission to uplift our communities.”
Darryl Worrell, President and CEO of Envision Credit Union, echoed the sentiment: “This partnership allows us to build on our legacies of service, offering expanded access to services, innovative products, and personalized member support. Together, we will honor our strong commitments to the communities we serve.”
Path to Merger Completion
Both boards of directors and leadership teams unanimously back the merger, which is expected to be finalized by the end of 2025, with system integrations extending into 2026. Until the process is complete, the credit unions will remain separate entities.
The combined credit union represents a bold step forward in delivering enhanced financial solutions to members while upholding a shared commitment to community enrichment.
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