UK Federal Credit Union to merge with Cove Federal Credit Union.

UK Federal Credit Union, a non-profit financial cooperative that provides quality banking and financial services, agreed to merge with Cove Federal Credit Union, a federal credit union that operates as a financial cooperative. Financial terms were not disclosed. "We are a member-centric organization, and every decision we make always takes into consideration existing and future members. By merging these two great Credit Unions together, we are providing extended geographic service to members in both Credit Unions, while also creating scalability allowing further investment in better products and services to help the collective members with their financial needs," Ryan Ross, UK Federal Credit Union President & CEO.