A pair of West Midlands credit unions have joined forces in a merger deal.
Birmingham-based Citysave Credit Union has merged with Lichfield outfit Fusion Credit Union.
The two firms offer services such as savings, loans, financial guidance and employee benefit schemes across Birmingham, Warwickshire and Staffordshire.
Terms of the merger were not disclosed.
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Citysave's chief executive Sean Lynch said: "This merger is a pivotal moment for both Citysave and Fusion credit unions.
"By uniting, we are building a more resilient and efficient institution, better equipped to meet the evolving financial needs of our members.
"Our focus remains steadfast on providing fair, transparent and accessible financial solutions that empower individuals and strengthen our community.
"Crucially, we understand that financially secure employees are more productive, less stressed and more loyal.
"We are now in an even stronger position to help businesses cultivate such a workforce."
Fusion Credit Union's chairwoman Janet Bamber added: "We are confident that this merger will bring enhanced benefits and services to our collective membership.
"We are committed to making this transition as smooth as possible and we look forward to welcoming all members to the expanded Citysave Credit Union community."
