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Baker Federal Credit Union to merge with First Commonwealth

Stacy Wescoe//December 14, 2021

Baker Federal Credit Union to merge with First Commonwealth

Stacy Wescoe//December 14, 2021

Baker Federal Credit Union of Phillipsburg, New Jersey has announced its intent to merge with First Commonwealth Federal Credit Union of Trexlertown. 

 The merged credit unions will do business as First Commonwealth Federal Credit Union, with combined total assets of more than $1 Billion. 

 “The Baker Federal Credit Union board of directors was both passionate and insistent that a merger be good for all stakeholders – members, employees and the communities we serve. It became clear when I reached out to First Commonwealth, and through our due diligence process, that this merger was exactly what we were looking for and would indeed benefit everyone. We are thrilled to become part of the First Commonwealth family. By joining forces, we will be able to offer products, services, and conveniences that we could not offer on our own while continuing to serve the Phillipsburg and Warren County, New Jersey

communities.” said Sue Rodriguez, president and CEO of Baker Federal Credit Union. 

 This merger will bring First Commonwealth’s first New Jersey financial center, and its 12th retail location, with the opening of the Phillipsburg Financial Center in 2022. 

The merger is pending approval from Baker Federal Credit Union members in a special meeting Feb. 7. 

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