Did Spire credit union change their name?
The merger of Hiway and Spire credit unions is now official, and the combined entity has a new name: Blaze Credit Union. New branding is now on the 26 former Spire and Hiway branches as well as on a new website — blazecu.com.
While the merged credit union will carry the new name Blaze, Boden said the organization is built on the Midwestern values of hard work and trust that were present at Spire and Hiway. “But Blaze was partly conceived to also indicate that progressive, moving forward attitude,” Boden said.
Hiway Credit Union and Spire Credit Union have announced a new name ahead of their planned merger: Blaze Credit Union.
Spire was headquartered in Falcon Heights, Minnesota, served over 153,000 members, and controlled more than $2.1 billion in assets. In 2024, it merged with rival Hiway Credit Union and rebranded as Blaze Credit Union.
Two of Minnesota's largest credit unions, Hiway Credit Union and Spire Credit Union, will be merging.
The Laclede Group's board of directors and shareholders vote to change the company's name to Spire Inc., a result of a multi-year effort to reimagine the company's future in light of its growth across geographies and businesses.
The merger of Hiway and Spire credit unions is now official, and the combined entity has a new name: Blaze Credit Union. New branding is now on the 26 former Spire and Hiway branches as well as on a new website — blazecu.com.
Twin City Co-ops Credit Union was born and later became SPIRE Credit Union in 2008. As both credit unions continued to grow and thrive, they joined forces in 2024 to become Blaze Credit Union. Today, Blaze boasts 26 branch locations, over 250,000 members and is Minnesota's fourth-largest credit union.
Financial Fast Facts | ||
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Balance Sheet | Income Statement (ytd) | |
Total Assets | 2,251,264,205 | 56,624,899 |
Total Liabilities | 2,092,325,076 | 27,434,164 |
Total Shares and Deposits | 1,971,348,395 | 13,886,919 |
Wings Financial Credit Union, with $7.8 billion in assets, is the largest credit union in Minnesota, larger than all but three Minnesota-headquartered banks. Wings Financial Credit Union would have paid $19.5 million in taxes during 2022, had it paid its fair share.
Who did Spire buyout?
(NYSE: SR) today announced it has completed its acquisition of MoGas Pipeline (MoGas), an interstate natural gas pipeline, and Omega Pipeline (Omega), a connected gas distribution system, from CorEnergy Infrastructure Trust, Inc.
A merger can also provide direct benefits to credit union members, including lower cost of services, lower loan rates, and higher dividends. These benefits are significant, immediate, and persistent.
Today Spire is a growing, financially strong natural gas company with five gas utilities, serving 1.7 million homes and businesses across Alabama, Mississippi and Missouri, making us one of the largest publicly traded natural gas company.
Dave Boden of Hiway Credit Union is a 2023 Most Admired CEO. Since taking over the helm as CEO of Hiway Credit Union, Dave Boden has led the financial institution through a series of technological advancements and changes to the credit union landscape in Minnesota.
The spire originated in the 12th century as a simple, four-sided pyramidal roof, generally abrupt and stunted, capping a church tower. Its history is a development toward slimmer, higher forms and a more organic relationship with the tower below.
became the holding company for Laclede Gas Company. On April 28, 2016 shareholders approved changing the company name to Spire Inc. to better reflect the national presence of the company.
(NYSE: LG) ("Laclede") has completed its purchase of 100 percent of the equity of Alabama Gas Corporation (Alagasco) from Energen Corporation (NYSE: EGN) effective August 31, 2014.
Bank/institution | NerdWallet rating NerdWallet's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service. | Learn more |
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Alliant Credit Union Read review | 4.5 /5 | Read review |
Connexus Credit Union Read review | 4.0 /5 | Read review |
- Alliant Credit Union. Alliant offers an above-average interest rate for savings. ...
- Consumers Credit Union. ...
- Navy Federal Credit Union. ...
- Connexus Credit Union. ...
- First Tech Federal Credit Union.
- Best overall: Alliant Credit Union.
- Runner-up: PenFed Credit Union.
- Best for high APY: Consumers Credit Union (CCU)
- Best for low-interest credit cards: First Tech Federal Credit Union.
- Best for military members: Navy Federal Credit Union.
Is Blaze a good credit union?
Blaze Credit Union currently has an “A+” grade from the Better Business Bureau.
It's issued by First Savings Bank and serviced by Capital Services in South Dakota. If you can't come up with a security deposit for a secured credit card, the Blaze Mastercard is a better choice compared with fee-heavy unsecured card options.
Do credit unions do a hard credit check? No, generally banks and credit unions do not perform a hard credit check when you are just trying to open a standard bank account. However, they could perform a credit check if you are trying to open a credit card through them or secure a loan of any kind.
However, because credit unions serve mostly individuals and small businesses (rather than large investors) and are known to take fewer risks, credit unions are generally viewed as safer than banks in the event of a collapse. Regardless, both types of financial institutions are equally protected.
Navy Federal is the largest credit union in the country. It has more than 300 branches (which rivals one or two of the biggest banks in the U.S.), mainly in the Northeast, and more than 12 million members, totaling $144 billion in deposits.