Credit unions merge

Pacific Crest Federal Credit Union and Klamath Public Employees Federal Credit Union have recently voted on resolutions of intent to merge. Pacific Crest has two branches in Lake County — Lakeview, pictured, and Christmas Valley.

The boards of Pacific Crest Federal Credit Union and Klamath Public Employees Federal Credit Union have recently voted on resolutions of intent to merge.

“Credit Unions are member owned cooperatives, and we exist to serve our members. Joining forces is a step forward for our members and our region. As the only two financial institutions headquartered in Klamath County, this strategic partnership will allow us to better serve the needs of the Klamath Basin and surrounding area,” said Chad Olney, CEO of Pacific Crest FCU. “Our two Credit Unions already enjoy a cooperative relationship and a common culture, wholeheartedly embracing the credit union philosophy of people helping people.”

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