CU*Answers, the 100% credit union-owned cooperative CUSO, announced that West Seneca, New York-based Empire One Federal Credit Union and Athens, Pennsylvania-based Ingersoll Rand Federal Credit Union have brought the number of owners to 140. Ingersoll Rand FCU became the CUSO’s first credit union investor in 2020.
Chris Smigiel, National Sales Manager for CU*Answers commented: “We are very happy to welcome Empire One FCU to the cooperative as our newest owner. Kelly Seiser (Empire One CU CEO) and her team who joined the CUSO for data processing services in November 2019, and their decision to become an owner was exciting news for our Board and executive teams. We look forward to introducing Empire One FCU as a new customer-owner at our Annual Stockholder Meeting on June 17th.”
Smigiel added that Thomas Mitchell (IRFCU CEO) and his team will be joining the CUSO for data processing services later this year. “We’re looking forward to bringing Ingersoll Rand on board—their stock purchase affirms their commitment to the cooperative CUSO model.”