ARLINGTON, Texas –Texas Trust Credit Union said it has finalized the operational aspects of its merger with Qualtrust. The credit union has completely consolidated Qualtrust’s operations, members, and employees under the Texas Trust banner.
The merger, which was approved in May 2017 by the Qualtrust membership, has increased Texas Trust’s footprint by adding five branches in three new counties, including Dallas, Denton and Tom Greene (San Angelo). Texas Trust is now ranked in the top 5% of credit unions by size, with assets in excess of $1.2 billion and more than 114,000 members.
“For members, being part of Texas Trust means they now have services that Qualtrust couldn’t offer, such as credit cards, rewards debit card, mobile card controls, business services, overdraft privilege, electronic fund transfer capabilities, in-house lending for mortgages, improved rates, an array of member-friendly online services, and extended call center operations,” the credit union said.
“The merger has brought exciting change for Texas Trust and the Qualtrust members we welcomed into our family,” said Jim Minge, president and CEO of Texas Trust Credit Union. “Now that the hard work is done, we can move forward and create new opportunities that will help every member have a brighter financial future.”