ST. LOUIS — The closing of 2014 brought an end to the independence of the Purina Credit Union. The financial institution, with 3,800 members and $48 million in assets, has merged with the Anheuser-Busch Employees’ Credit Union. The Purina unit will be a division of the much larger A-B institution, along with the American Eagle Credit Union. The merger was completed Thursday.
The A-B credit union now has nearly 120,000 members with $1.5 billion in assets. It has 30 locations in the U.S.
“One of our core strategic goals is managed growth, so we can continue to provide our members with superior products, enhanced services, and long term value,” said Dave Osborn, chief executive of Anheuser-Busch Employees’ Credit Union, in a statement.
Through the merger, members of the Purina Credit Union will have access to branch locations and services offered by the A-B credit union.
The Purina Credit Union’s membership covers employees and retirees of several companies, including Nestle Purina PetCare, Energizer Holdings and Post Holdings.
