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Mergers, expansions mark busy year for WNY credit unions

Several other area credit unions saw growth and change in 2023.
Credit: Tierney - stock.adobe.com

BUFFALO, N.Y. — Constant change isn't just inevitable for credit unions, it's essential, according to Lisa Hilton, the CEO of Radius Federal Credit Union.

"You're always going to see credit unions merging and growing bigger, so they can continue to compete with the larger banks and credit unions," she said. "It's the only way you can stay valid, if you continue to grow."

Hilton recently oversaw her first merger. She doesn't expect it to be her last.

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