Houston's Largest Credit Union TDECU Completes Merger With Smart Financial, Serving 463,000 Members With About $6 Billion in Assets
HOUSTON, Texas — TDECU, the largest credit union in Houston, Harris County, Texas, and Smart Financial Credit Union, one of Houston's oldest credit unions, announced on November 9 that they have officially completed their merger.
The merger closed after approval from Smart Financial's voting members and state regulators. The combined organization will serve more than 463,000 members across more than 45 branches, with nearly 1,000 employees and approximately $6 billion in assets. TDECU President and CEO Isaac Johnson will lead the merged organization, and Smart Financial CEO LeAnn Kaczynski will serve as Chief Integration Officer.
Both institutions said there are no immediate changes to members' accounts or services, and updates will be shared as integration milestones are confirmed. Smart Financial was founded in 1934 by a group of Houston Independent School District teachers; TDECU was founded in 1955. The merger further cements TDECU's position as the Houston area's largest credit union, serving the greater Houston region.
Source: GlobeNewswire
Published by GSM · USA (original Chinese edition)
Photo: 休斯顿市中心天际线。（David Daniel Turner 摄，CC BY 4.0，经 Wikimedia Commons）
