Beginnings Credit Union & Westar Federal Credit Union Announce Intent to Merge
Subject to Regulatory Approval
CLAWSON, MI – February 24, 2026 – McQueen Financial Advisors provided exclusive financial advisory services.
The merger was approved by the boards of directors of both institutions and brings together two Central New York credit unions with a shared commitment to member service and community values. Upon completion of the merger, Westar will be merged with and into Beginnings, with Beginnings serving as the continuing credit union.
The transaction provides Westar members with access to an expanded branch network, enhanced digital banking tools, and a broader suite of financial products and services. Westar’s existing location in Camillus, NY, will remain open and serve as a branch of Beginnings Credit Union, ensuring continuity for the local community.
About Beginnings Credit Union
Formerly known as CFCU Community Credit Union, Beginnings Credit Union is a New York State-chartered institution based in Ithaca, NY. With over $1 billion in assets and an expansive branch network, Beginnings is dedicated to the financial well-being of its members across the Central New York region.
About Westar Federal Credit Union
Based in Camillus, NY, Westar Federal Credit Union has served the local community and education sector for decades, offering personalized financial solutions and a member-centric approach to banking.
About McQueen Financial Advisors
McQueen Financial is a nationwide financial advisory firm serving financial institutions since 1999. McQueen advises on ~25% of all Credit Union / Credit Union Mergers nationwide, annually.
Transaction Leads
Dan Martin
Director
Jeremiah Vroman
Senior Analyst