Marine Credit Union has completed its merger with Bent River Community Credit Union in Davenport.
Bent River's branch, located at 709 E. 46th St., opened Friday as Marine Credit Union.
Marine acquired approximately $16 million in deposits and $12 million in loans through the merger.
"Marine’s merger with Bent River Community Credit Union supports our ongoing growth strategy," Marine CEO Shawn Hanson said. "This merger will allow us to continue delivering value in new markets and serve members who need our help.”
The La Crosse, Wisconsin-based Marine is a full-service financial institution serving more than 60,000 members. The Davenport branch joins its 31 office locations in Wisconsin, Minnesota and Iowa.
Bent River served about 1,500 members in Scott, Clinton and Cedar counties.
In 2016, Marine acquired Bent River's branch in Muscatine.