In a strategic move to strengthen their shared commitment to exceptional member service, financial empowerment, and community values, Fort Financial Credit Union and INOVA Federal Credit Union are excited to announce their intent to merge. This partnership is a collaboration built on shared purpose and mutual respect designed to bring together the strengths of both credit unions to better serve their members and communities.
The anticipated merger will combine decades of financial expertise, community involvement, and a deep understanding of members’ needs. By joining forces, the two organizations will expand their collective ability to offer enhanced products and services, greater convenience, and continued personalized care.
“This is about two strong credit unions coming together to become even stronger,” said Jeff Leichty, Chairman of the Board, Fort Financial Credit Union. “Our members will benefit from more robust resources, new technologies, and a broader branch and ATM network, all while experiencing the same personal service and values they’ve come to trust.”
Steve Collins, President and CEO, Fort Financial Credit Union added, “We are not changing who we are, we are building on what we’ve already achieved to deliver even more for our members. This merger is a true partnership, grounded in mutual respect, shared vision, and a deep-rooted commitment to our communities.”
As member-owned cooperatives, both credit unions will remain focused on delivering member-first services. The merger will bring together the strengths of both institutions, combining their Board of Directors and leadership teams while retaining all existing branch locations across their current markets.
Dallas Bergl of INOVA Federal Credit Union will serve as Chief Executive Officer of the newly combined organization, and Steve Collins of Fort Financial Credit Union will assume the role of President.
The unified credit union will operate under the name INOVA Financial Credit Union, reflecting the shared vision and values of both organizations as they move forward together.
The merger is expected to be finalized in early 2026, pending regulatory approval and a vote of membership. In the coming months, members will receive information and updates about the process.
This partnership is a reflection of both credit unions’ belief that working together creates greater opportunity, for members, employees, and communities alike.
About Fort Financial Credit Union
Founded in 1946, Fort Financial Credit Union (originally Salisbury Axle FCU, later Dana Corporation FCU) is headquartered in Fort Wayne, Indiana. It serves 24,176 members offering personal and business banking and lending services with branch locations in Indiana and Mississippi.
About INOVA Federal Credit Union
INOVA Federal Credit Union is a member-owned, financial cooperative headquartered in downtown Elkhart, Indiana. Established in 1942, INOVA was originally chartered to serve the employees of Miles Laboratories. Today, INOVA serves 47,326 members, the employees of over 1,000 companies and has six branches in Indiana.
For Media Inquiries:
Lyndee Warner
VP of Marketing
Fort Financial Credit Union
Lyndee.Warner@fortfinancial.org
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