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News Now

CU System
Purdue CU to change name after merger
WEST LAFAYETTE, Ind. (11/1/10--Purdue Employees FCU (PEFCU) is changing its name to Purdue FCU to reflect its new broader membership when the merger with Members United FCU, LaPorte, Ind. takes effect Dec. 1. "Just as Purdue has grown to serve several Indiana communities through regional campuses, we are excited to expand our services to the students, faculty, staff and community of Purdue North Central and LaPorte County," said Bob Falk, president/ CEO of PEFCU. As PEFCU expands into its new market, a new logo will reflect the new name. "The credit union's look may be changing, but we are not changing who we are," Falk said. Founded on the Purdue University campus in 1969, PEFCU has more than $600 million in assets. Members United FCU was funded in 1941 as Modine Employees FCU. It received a community charter in 2000, allowing it to serve people who live, work, worship, volunteer or attend school in LaPorte County. It has $6 million in assets.


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