Credit Union Merger: Notre Dame FCU and Catholic United Financial CU Unite for Community Service and Growth

Introduction On April 1, 2026, two community-focused financial organizations, Notre Dame Federal Credit Union (ND FCU) and Catholic United Financial Credit Union, will combine their strengths in a significant merger. This decision comes following a substantial show of support from members, indicating a shared desire for growth and enhanced services across the Upper Midwest. ### Background of the Organizations Notre Dame FCU has been serving its members since 1941, originally founded within the University of Notre Dame's Administration Building. With a commitment to personalized financial services and a not-for-profit model, it has grown to include over 66,000 members and manage more than $1 billion in assets. Catholic United Financial CU, on the other hand, operates with a mission to support the financial needs of Catholic families and communities. With around 3,200 member-owners and $34 million in assets, it provides a wide range of banking products tailored to its members. ### Why the Merger? The merger, which has already received approval from both organizations' boards and the National Credit Union Administration, is seen as a strategic move to enhance member services and expand impact. At a recent Special Membership Meeting held on March 18, 2026, Catholic United Financial CU members overwhelmingly expressed their support for the merger. As stated by Andrea Kuhl, President of Catholic United Financial Credit Union, this merger demonstrates the shared values between the two institutions and positions them to more effectively serve the interests of Catholic families across the region. ### Goals of the Merger The main goals of this merger include: 1. Expanded Member Services: By combining resources, the new entity aims to offer a broader range of financial products and services. Members can expect improved offerings that leverage the strengths of both institutions. 2. Enhanced Community Involvement: Both organizations prioritize community involvement, and the merger is geared towards amplifying these efforts, allowing for greater investment in local initiatives. 3. Long-term Sustainability: The combined resources of the two credit unions are expected to create a more sustainable financial model, allowing for continued growth and service enhancement in the long run. ### Leadership Post-Merger After the merger, Thomas Gryp, the current President and CEO of Notre Dame FCU, will retain his position in the new organization. He has expressed a commitment to continue the legacy of member focus and community service initiated by Catholic United Financial CU. Additionally, Andrea Kuhl will take on the role of Upper Midwest Market President, leading initiatives to drive growth and expansion through Minnesota and surrounding areas. ### Conclusion The merger of Notre Dame FCU and Catholic United Financial CU marks a significant milestone in the evolution of these organizations. With a steadfast focus on community service and member satisfaction, the newly formed credit union will be better equipped to meet the growing needs of its members while remaining faithful to its mission-driven foundations. As we move closer to the merger date, all members and stakeholders are looking forward to the united strength and enhanced capabilities that this partnership will create in the financial landscape of the Upper Midwest.