News Release

INDIANA — Interra Credit Union and Bluffton Motor Works/Franklin Electric Employees’ Credit Union (BLMW/FEECU) have announced their intent to merge, subject to regulatory and member approvals. As part of these efforts, BLMW/FEECU will operate under the Interra Credit Union brand.

This merger brings several advantages including:

1. Expanded Services and Resources. By offering Interra’s expanded products and technology plus its solid financial status, it will be able to provide a broader range of products and services to BLMW/FEECU’s members. The integration of Interra’s outstanding resources, operations, and technology will serve simply to enhance operational capabilities as well.
2. Increased Member Base. This acquisition allows the addition of Bluffton Motor Works/Franklin Electric Employees’ Credit Union to Interra’s membership base of 90,000 members. And while Wells County is already part of Interra’s 24 counties within their field of membership, this expansion brings greater services to another diverse community.

“Since 1952, we have been able to offer a credit union membership to our staff. We’re excited for the financial strength and full services Interra brings to our members,” said Timothy Wyatt, BLMW/FEECU president.

“Partnering with Bluffton Motor Works/Franklin Electric Employees’ Credit Union allows Interra’s corporate foundation of excellence and integrity to resonate in our promise to be invested in our communities,” shared Timothy Yoder, Interra Credit Union chairman of the board.

“Interra is thrilled to be part of such a vibrant community in Bluffton. Providing BLMW/FEECU members with our enhanced financial service capabilities is simply a win-win for both organizations,” shared Amy Sink, Interra CEO.