Addition Financial Credit Union and Envision Credit Union have announced plans to merge, creating a unified institution poised to serve members across Central Florida, North Florida, and South Georgia.
Pending approval from the National Credit Union Administration (NCUA) and a membership vote, the combined entity will operate under the Addition Financial Credit Union name, led by current President and CEO Kevin Miller. Once finalized, the merger will establish a credit union with nearly $4 billion in assets and over 248,000 members across 38 branches in two states.
With origins dating back to 1937 and 1954 respectively, Addition Financial, based in Lake Mary, Florida, and Envision Credit Union, headquartered in Tallahassee, share deep-rooted histories as member-focused institutions founded by educators. Over decades, both credit unions have expanded their services to broader communities while maintaining a commitment to exceptional member service.
“This merger will significantly increase the ability of Addition Financial to serve more members, and support both communities,” said Kevin Miller, President and CEO of Addition Financial Credit Union. “By joining forces with Envision Credit Union and the people-first culture they have cultivated for 70 years, we can provide even greater value to our collective members and team members and continue our shared mission of supporting our communities.”
Darryl Worrell, President and CEO of Envision Credit Union, echoed this sentiment: “In bringing our teams together, we will draw the best from both credit unions to build on our legacies of service. This merger enables us to broaden our offerings, expand access, and deliver personalized support to every member.”
While the merger process is ongoing, both organizations are committed to ensuring a seamless transition. The boards of directors and leadership teams of both credit unions unanimously support the strategic alliance, which is expected to be finalized by the end of 2025, with full integration extending into 2026.
Members can expect expanded services and enhanced offerings in the future, but no immediate changes will occur as the merger moves forward.
