Tennessee Credit Union League, Mississippi Credit Union Association to pursue merger
The Tennessee Credit Union League (TCUL) and the Mississippi Credit Union Association (MSCUA) have announced an intent to consolidate, with an effective date of the merger set for on or before Dec. 31, 2025. The merger is subject to the approval of the governing bodies of both associations.
If approved, the resulting trade organization would represent 187 credit unions and be led by Fred Robinson, current president/CEO of TCUL. Current MSCUA President/CEO Charles Elliot will serve as chief advocacy officer of Mississippi. The boards of directors of both TCUL and MSCUA unanimously approved of the merger by signing a letter of intent to merge.
“We are incredibly excited about the opportunity to merge our two associations and build something truly new and dynamic for credit unions in Tennessee and Mississippi,” said Robinson. “This merger is not just about combining resources—it’s about creating a stronger, more innovative organization that will provide even greater support, advocacy and value to our member credit unions. From the very beginning, both boards and management teams were committed to ensuring that this was a true win-win for both states, always prioritizing the needs of the credit unions we serve.”
Forming a strategic working alliance in February 2023, the merger seeks to further the organizations collaboration with offering greater economies of scale and improved efficiencies while offering enhanced selection of products and services.
"A shared commitment to ongoing and enhanced credit union advocacy and support resources is always a top priority when combining leagues, but it is equally important that the organizations align on their culture, values and approach to fulfilling that commitment," said Elliott. “Fred, the TCUL team and board demonstrate a vision and dedication to credit union philosophy and values that resonates with me, our membership, board and staff. Our associations are a great fit.”
The proposed framework provides for both associations’ memberships to be integrated into the new organization, with no staff reductions planned. Currently, the combined organization plans for additional staffing.