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Spruce Credit Union in merger talks

Prince George-based Spruce Credit Union is looking at merging with Kelowna-based Interior Savings Credit Union.
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Prince George-based Spruce Credit Union is looking at merging with Kelowna-based Interior Savings Credit Union.

If it goes ahead, the merger would create a network of 23 branch locations and 16 insurance locations serving 77,000 members across 16 communities, the two said in a statement.

Combined total assets would add up to about $3.7 billion.

"Both credit unions are working diligently to complete a thorough assessment of the opportunity. As the assessment and due diligence progresses, members will be provided with periodic updates through our regular member communication channels," they said.