Borger Federal Credit Union
Merging for a Brighter Future
About the Merger
Borger FCU has a long-tenured history of providing excellent financial products and services to their members. The merger with Santa Fe FCU allows those products and services to be enhanced, while still keeping the things you love about your credit union. Both credit unions have deep roots in similar industries, making this a perfect fit. We understand that change is never easy, but we want you to know that the staff at both Borger FCU and Santa Fe FCU are here to help make this transition as smooth as possible!
Current Borger Federal Credit Union members can cast their votes inside the branch or at the special meeting on November 10th. We encourage every member to vote and ask a staff member if you have any questions about the merger.
Frequently Asked Questions
What changes can I expect?
Borger Federal Credit Union will continue to be the local, hometown credit union you have loved for 70 years. The name and branch will be retained after the merger and you will see enhanced services that are currently offered by Santa Fe Federal Credit Union. We will work hard to integrate everyone to the new online banking system and make any changes as seamless as possible. If you have any issues during this transition, please stop by or give us a call so we can help!
Tell me more about Santa Fe FCU
Santa Fe FCU opened in 1936 as a railroaders credit union in Amarillo, Tx. We have two branches in Amarillo and one in Albuquerque, NM. Santa Fe FCU is a medium-sized credit union with approximately 10,500 members. Our main office is located at 7600 Hillside Rd in Amarillo, Tx and you can rest assured that we will always remain a local financial institution who strives to give personalized service to each and every member. Santa Fe FCU offers a wide variety of services, including Apple Pay and Google Pay, fully online loan and membership applications, mortgage loans, and very competitive CD and loan rates. Santa Fe FCU is also a part of the CO-OP Shared Branching network, giving you access to your account at over 5,000 credit union branches nationwide. Find a Shared Branch here.
We love the Texas panhandle and are excited to welcome Borger FCU members to our credit union family! You can learn more about the history of Santa Fe FCU here or check out the rest of the website to see all of the products and services you can look forward to.
Will my favorite staff members be replaced?
Definitely not! You will see some staffing changes due to employee retirement, but existing staff will actually see enhanced employee benefits after the merger.
Will our voices still be heard?
Member feedback is always welcome! Two additional Board of Directors positions will also be added for Borger FCU members during this transition. This will ensure that we have representation from our Borger members and understand the needs of the community. If you are interested in serving on the Board of Directors or the Supervisory Committee, please contact the credit union to get more information.
What happens next?
It's time to vote! Members can cast their votes in the branch starting September 23rd or at the special meeting that will be on November 10th at 5:30PM inside the Borger FCU branch. We encourage you to bring up any questions or concerns with the staff prior to voting so that you are fully informed to make a decision. If the merger is approved by member vote, we will be working the next several months to make this a smooth transition. Borger FCU will still be Borger FCU, just with the larger backing of Santa Fe FCU and some new colors. We know that change can be tough, but we hope that you can get as excited as we are about this new opportunity to be your local financial institution.
