Range Bank

Torch Lake Federal Credit Union, located in Laurium, MI, is committed to serving its members and the surrounding community through a range of financial products and services. Recently, the credit union announced its intent to merge with Peninsula Federal Credit Union, aiming to enhance benefits for members and create a combined organization with four branches across the Upper Peninsula and Northeast Wisconsin. The merger, which received unanimous approval from both credit unions' Boards of Directors, is expected to be completed by July 31, 2025, pending member approval. Until the organizations integrate their systems and processes, both will continue to operate independently, ensuring that members experience a seamless transition during this period of change. Generated from the website