The Lighthouse Board of Directors and Management team continuously worked to expand the services they provided members which is challenging for a relatively small credit union. They believed merging with Rivermark, a like-minded community credit union gives the best opportunity to expand offerings and continue to serve members even better.
Rivermark will be the continuing credit union with combined assets of nearly $1.3 billion, nine branch locations and over 86,000 members. Banking and financial services is a competitive industry. By joining together, Rivermark and Lighthouse will be better positioned to offer competitive financing and enhanced services for members. Merging two strong organizations will combine shared values and will provide members additional financial protection against future economic downturns.