Notre Dame Federal Credit Union and Catholic United Financial Credit Union, two member-owned, not-for-profit financial cooperatives, announced their intent to merge in a strategic partnership designed to combine the strengths, cultures, and shared values of both organizations.
The proposed merger was approved by both boards of directors and the National Credit Union Administration. The merger is subject to a vote of Catholic United Financial CU members on March 18, 2026. If approved, the merger effective date will be April 1, 2026.
The merger brings together two strong institutions with a shared commitment to Catholic Social Teachings, member service, community involvement, and long-term sustainability. Together, the combined credit union will operate as Notre Dame FCU and serve approximately 70,000 members and manage total assets of approximately $1.4 billion.
“This merger unites two heart-driven organizations,” said Andrea Kuhl, President of Catholic United Financial CU. “Both credit unions have a long history of prioritizing purpose and impact over profit. This merger allows us to live that out more fully together and better serve the growing needs of our members and Catholic communities in Minnesota.”
Thomas Gryp, President/CEO of Notre Dame FCU added, “This partnership unites two mission-driven organizations with shared values and a common commitment to putting people over profit. Having Andrea and her team join Notre Dame FCU to serve the Upper Midwest Region will be extremely beneficial for all parties, especially our current and future members in the region.”
Following the merger approval, Thomas Gryp will continue as President/CEO of the combined credit union, Andrea Kuhl will become Upper Midwest Market President.
