Metro Credit Union and Members Plus Credit Union Announce Intent to Merge, Powered by Partnership

Metro Credit Union and Members Plus Credit Union have announced their intent to merge, bringing together two local, member-focused institutions in a strategic partnership designed to expand opportunity, strengthen communities, and enhance long-term value for members. Metro Credit Union will be the continuing credit union.

This proposed merger is powered by partnership—a shared belief that now, more than ever, collaboration enables credit unions to better serve members, invest in innovation, and deepen their impact across the communities they serve. Both organizations are grounded in a commitment to people-first service, financial empowerment, and local engagement.

Through this partnership, Metro Credit Union would expand its retail branch network to include Norfolk County, extending Metro’s community-based model while maintaining Members Plus Credit Union’s trusted local presence.

Pending approval by members of both credit unions and regulatory authorities, the combined organization will operate 25 retail branches. Together, the credit unions will serve approximately 214,000 members and manage over $3.5 billion in combined assets.

“This is a partnership grounded in shared purpose and a belief that credit unions exist to help people and communities thrive,” said Robert Cashman, President and CEO of Metro Credit Union. “Members Plus Credit Union has built a strong legacy of trust and service. By coming together, we are strengthening our collective ability to deliver value, expand access, and meet our members’ evolving financial needs.”

“We believe this partnership will be beneficial to our members, our employees, and our community,” said Michael Wilberton, President and CEO/CFO of Members Plus Credit Union. “Metro Credit Union shares our values and commitment to member and community service. Together, we will be stronger and better positioned to support our members today and into the future.”

Throughout the merger process, both organizations are committed to transparency and open communication. Members will receive regular updates and detailed information as the proposed merger advances through the approval process. An anticipated effective date is the end of 2026. All employees of Members Plus will be offered positions, joining the Metro Credit Union team. Until the completion date, both organizations will continue with no change to how they serve their membership.