PenAir Credit Union / Fort McClellan Credit Union

PenAir and Fort McClellan announced a proposed merger on October 21, 2026, subject to regulatory approval and a member vote, with legal combination anticipated in the first half of 2027 and operational integration through 2027 into 2028. Each step requires reconciling two sets of deposit, loan, funding and timing assumptions, creating repeated planning checkpoints over several years.

Institution

PenAir Credit Union

Institution

Fort McClellan Credit Union

Relationship

Proposed merger partners

Segment

Credit union

Proposed merger announced, subject to regulatory approval and a vote of eligible Fort McClellan members.

Announced

October 21, 2026

Legal merger

Anticipated first half of 2027

Operational integration

Anticipated 2027 into 2028

• Watch where the institutions' assumptions about deposits, loans, funding and integration timing differ most.
• Watch which combined plan assumptions are tested before the legal merger and which depend on operational integration.

Role categories, not named buyers. Actual authority varies by institution.

• Finance
• Treasury
• Integration leadership

• Existing merger advisers and models
• Where assumptions actually diverge
• Who holds decision authority
• Implementation capacity, budget and vendor arrangements

This matters less if existing advisers and systems already cover the analysis, if the transaction changes, or if no bounded workflow fits Hedgehog.