Capital Region-based CAP COM Federal Credit Union has announced a merger with the Niagara Mohawk Power Corp., Troy Employees Federal Credit Union. Members of NIMO approved the merger at a recent virtual meeting.
CAP COM FCU has more than 140,000 members and portfolio with $2 billion in assets.
The merger marks CAP COM FCU’s third merger in the past year, following Postal Employees of Troy Federal Credit and City Schenectady Employees Federal Credit Union.