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Clarke Community FCU merges with Gwinnett FCU
ATHENS, Ga. and LAWRENCEVILLE, Ga. (10/21/09)--The Clarke Community FCU board recently agreed to merge with Gwinnett FCU. Both credit unions are in Georgia. The merger will provide Clarke Community members with access to Gwinnett FCU’s full range of financial products and will give Gwinnett a presence in Clarke County, Gwinnet said. “The merger of our two credit unions demonstrates a shared commitment and vision on the part of both boards to grow and remain highly competitive in today’s financial marketplace,” said Marshall Boutwell, Gwinnett president/CEO. “There will be no layoffs, and Clarke Community will retain its name, operating as a division of Gwinnett Federal.” Gwinnett FCU, based in Lawrenceville, Ga., has $148 million in assets and serves 27,000 members in a five-county area. Clarke Community FCU, based in Athens, Ga., has $18.7 million in assets.
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