Cardinal Credit Union announced that it has completed its acquisition of NoteWorthy Federal Credit Union, a financial institution known for its specialized lending services for musicians and arts organizations across the United States.
The transaction brings NoteWorthy’s loan portfolio and member base under the Cardinal Credit Union brand, expanding Cardinal’s reach while providing NoteWorthy members with access to a broader range of financial products, additional branch locations, enhanced digital banking capabilities, and a larger ATM network.
Following the completion of the deal, Cardinal will continue operating NoteWorthy’s Cleveland office at 1900 Superior Avenue under the Cardinal brand. The combined organization now offers members access to eight retail branches along with nationwide ATM access.
Cardinal said the acquisition aligns with both organizations’ shared commitment to the credit union philosophy of “People Helping People.” The company also emphasized that it plans to maintain NoteWorthy’s longstanding focus on serving musicians, artists, and arts-related organizations through specialized financial products and services.
Headquartered in Mentor, Ohio, Cardinal Credit Union is a member-owned, not-for-profit financial cooperative that has served members for more than 70 years. The institution offers a variety of banking products, including checking accounts, certificates of deposit, credit cards, auto loans, debt consolidation loans, mortgages, and digital banking services.
Cardinal serves communities across northeastern Ohio, including Ashtabula, Columbiana, Cuyahoga, Geauga, Lake, Mahoning, Portage, Summit, and Trumbull counties. Membership is available to both individuals and businesses.
The acquisition reflects a broader trend across the financial services industry, where credit unions and other financial institutions are pursuing consolidation strategies to expand product offerings, improve technology capabilities, and provide members with greater access to financial resources.
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“This acquisition represents an opportunity to extend our reach and deliver greater value to more members in our community. We are honored to build on NoteWorthy’s legacy by shaping a future where members have greater access to resources, digital-first solutions, and financial opportunities for musicians, artists and their families.”
Christine Blake, CEO, Cardinal Credit Union
