HACU announces merger with BCU

Today marks an important milestone for HealthCare Associates Credit Union (HACU) and the members we proudly serve. Recently, we shared our refreshed brand, built on The healthy way to bank^®. While our look may have evolved, our deep commitment to strengthening your financial future has never wavered. Now, we’re sharing the next chapter in the journey.

Your HACU Board of Directors has announced its intent to merge with Baxter Credit Union (BCU), a nationally respected, healthcare‑focused credit union headquartered in the metro Chicago area. This proposed partnership is rooted in shared values, a common mission and a vision to bring together two high-quality, financially strong credit unions for the benefit of our members.

Why this is great news:

HACU and BCU were both founded to serve healthcare employees and their families, and we’ve each been doing that for more than 40 years. Together, we see an opportunity to build on HACU’s strong foundation while expanding what we can offer you for years to come. This is about strength, stability and growth without losing what makes HACU special.

After the merger, HACU will continue as HealthCare Associates Credit Union, powered by BCU, retaining our name, legacy and local identity. HACU will also have representation on the combined credit union board, ensuring your voice remains at the forefront.

What this means for you:

If approved, this merger means meaningful benefits for you:

• More access and convenience: Enjoy the same personalized service at all your HACU branches and access BCU's broader branch network, surcharge-free ATMs and a 24/7 bilingual contact center.
• Enhanced digital tools: Expanded online and mobile banking capabilities designed to provide greater ease, flexibility, and convenience.
• More value: Greater scale allows for continued offerings in better deposit and loan rates, lower fees, and innovative financial solutions designed for healthcare workers, professionals and those who support them.

Most importantly, the HACU Care Team you know and trust will continue to be here for you. Our employees remain at the heart of who we are, and this partnership was built with both our members and employees in mind.

What happens next:

The merger is subject to regulatory approval and a vote by HACU members. Until then, nothing changes. HACU continues operating independently with the same people, service and care you expect. We’ll keep you informed every step of the way.

Merger FAQs

Thank you for being part of HACU’s story. We’re energized by what’s ahead and excited to continue supporting your financial health with even more strength behind us.