E & A Credit Union has announced that they are partnering with First Community Federal Credit Union, which is headquartered in Parchment, Michigan. According to Janice Rose, President and CEO at E & A, this partnership results in a combination of a total of 21 branches, now serving more than 100,000 members, which will offer an even better return to the members, approaching some $1 Billion in assets, to be among the strongest credit unions in the U.S. Rose says there is more work to be done in preparing for the merger, such as due diligence on both credit unions, from there an application will be prepared to the regulators of the State of Michigan, upon their approval, the First Community Federal Credit Union members will vote on the merge. Because E & A Credit Union is considered the continuing credit union, a vote is not required. The CEO of the newly combine credit union, will be Cheryl DeBoer, the current President and CEO of First Community FCU. Jan Rose, says she is excited to hold the new important role of Chief Community Relationship Officer. She says, in this role she will oversee the credit union’s continued and even more robust focus on active participation in the communities they serve. The official partnership is expected to be completed by January of 2014 at which time a new name for the credit union will be announced.