GLCU Completes CMECU Data Conversion

Steve Bugg

​Great Lakes Credit Union (GLCU) is proud to announce the completion of its data conversion with Chicago Municipal Employees Credit Union (CMECU). This data conversion marks the completion of CMECU’s merger with GLCU that was legally completed at the end of 2024. CMECU has brought $48 million in assets and more than 11,000 members to GLCU through the merger.

The merger provides CMECU members with a wider range of financial products and services, as well as a larger branch network, advanced digital banking technology, and access to financial education and counseling services through the GLCU Foundation for Financial Empowerment.

Additionally, CMECU members have gained access to insurance and mortgage services through GLCU’s extended family of credit union service organizations (CUSOs). GLCU Insurance Services offers home, auto, and renters insurance to members, while Mortgage Forward provides expert guidance and exceptional service during all stages of the homebuying process.

CMECU was established in 1926 by members of the Municipal Employees Society of Chicago and is the oldest active credit union in Illinois. Through the merger, GLCU has grown its branch presence in the City of Chicago, in addition to expanding its field of membership to City of Chicago employees.

“We’re excited to complete this final merger step and embark on serving more City of Chicago employees through our branch network, digital banking, and 24/7 access,” said Steve Bugg, President and CEO of GLCU. “We look forward to preserving CMECU’s robust legacy as it celebrates its centennial anniversary next year.”

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