Mid Minnesota Federal Credit Union to Purchase Unity Bank's Clarissa Branch

Mid Minnesota Federal Credit Union announced it has entered into an agreement to acquire the Clarissa branch of Unity Bank, subject to regulatory approval. The transaction is expected to be completed prior to the end of 2026.

This acquisition reflects Mid Minnesota Federal Credit Union’s continued commitment to expanding its presence and strengthening relationships in the communities it serves.

“We are excited to welcome the customers and employees of Unity Bank’s Clarissa branch,” said Bob Gerads, President/CEO of Mid Minnesota Federal Credit Union. “This is an opportunity to continue building on the strong relationships already in place while bringing our member-focused approach and resources to this community.”

Commitment to Customers

Mid Minnesota Federal Credit Union emphasized that a top priority throughout the transition will be ensuring a smooth and seamless experience for customers.

“We understand that banking relationships are built on trust,” said Gerads. “Our goal is to make this transition as easy as possible while continuing to provide the personal service customers expect.”

Customers of the Clarissa branch will receive additional communication outlining the transition details, including account information and any steps that may be required. Both organizations are working closely together to ensure clear and consistent communication throughout the process...

Subscribe to get the rest of the story...