Stronger Together

Exciting News: Kohler Credit Union is Joining Forces with Shipbuilders Credit Union

After careful consideration and strategic planning, Kohler Credit Union (KCU) and Shipbuilders Credit Union (SCU) have made the decision to unite! This partnership signifies the beginning of an exciting new chapter for our credit unions, one that will bring a multitude of benefits to all our valued members. Once the process is complete, the combined credit union will retain the Kohler Credit Union name.

Make sure to check back to stay updated on critical dates and the progress of this journey!

What Does this Mean for Shipbuilders Credit Union Members?

Our shared values and commitment to providing exceptional financial services make this merger a natural progression. Here are a few key highlights of the merger:

• Expanded Branch and ATM Network across thirteen branch locations, additional credit union-owned ATMs throughout the combined charter, and an increased number of surcharge-free ATMs nationwide.
• Enhanced Convenience through phone and secure chat services, offering more options to address your member service needs.
• Expanded Digital Capabilities with higher mobile deposit limits, the ability to make online loan payments, open new accounts online, and personal financial tools for monitoring spending and budgets. 
• Additional Products and Services, including access to investment and retirement services.
• Enhanced Financial Wellness resources and tools for making well-informed financial decisions.
• Consistency through Knowledgeable and Friendly Employees with the retention of all Shipbuilders employees, who will have access to improved training resources within the larger organization.
• Deepened Community Presence by expanding community outreach initiatives and reinforcing our presence in the areas we serve, aiming for a more significant impact on the lives of members and neighbors.
• Established Competitive Financial Partner by leveraging the advantages of a larger credit union to increase efficiencies and return savings to members through greater access, new technology and services, competitive loan and deposit rates, and an unwavering commitment to the community.

Questions SCU Members May Have

What Does This Mean for Kohler Credit Union Members?

After the SCU system integrations are completed, members of the merged credit union can utilize any of the 13 branch locations within the new branch network. Members will also enjoy an expanded ATM network. Until the SCU systems integration is complete, please continue to use the branches and tools you do today.

Questions KCU Members May Have

What’s Next?

Rest assured, the everyday functions of KCU and SCU will remain unaffected throughout the merger process.

In the coming weeks and months, we will keep you informed about any changes that may occur and how they will positively impact your banking experience.

If you have additional questions, please fill out this form and someone will get back to you.

Thank you for being valued members of Kohler and Shipbuilders Credit Unions. We are excited about the opportunities this merger brings, and we look forward to continuing to serve you all with excellence!