Mid American adds Lawrence branch
Mid American Credit Union, based in Wichita, has added a Lawrence branch through its recent merger with Jayhawk Federal Credit Union.
The merger gives Mid American Credit Union a presence in northeast Kansas, but more importantly it provides the members of the much smaller Jayhawk Federal Credit Union access to a broader range of services and products. Jayhawk Federal, formed in 1940 by a group of employees of the Lawrence Paper Co., had about $2 million in assets and more than 1,000 members.
Mid American – with four branches in Wichita and also in Larned and Arkansas City – has $225 million in assets.
“We have long had members in the area thanks to relationships with numerous auto dealers in northeast Kansas,” said Jim Holt, Mid American president/CEO, “but this merger allows us to bring a range of services to those members and new services to Jayhawk Federal.”
Travis Colibert, former manager of Mid American’s Arkansas City branch, is the manager of the Lawrence branch.
Mid American is a full-service financial institution, with products that include first and second mortgages and retirement and investment planning. Members also have online and mobile access to accounts.
Through a nationwide cooperative agreement, Mid American members can conduct financial transactions at more than 5,000 shared branches nationwide and have surcharge-free access to more than 30,000 ATMs.
Mid American Credit Union was established in 1936.