March 4, 2022, Westbury, NY – Jovia Financial Credit Union, one of Long Island’s largest and leading credit unions today announced the acquisition of Empire Financial Federal Credit Union, effective immediately. Jovia, with assets close to $4 billion now assumes all assets, member shares and loans of Empire Financial Federal Credit Union’s 270 members.
“In keeping with Jovia Financial Credit Union’s long and successful history of leadership and growth, this acquisition aligns with our mission, vision and values,” stated Jovia Financial Credit Union President and CEO John Deieso. “We are grateful for the trust and loyalty our members have placed in us over the years and we’re excited to extend our commitment to service, value and innovation to our newest members.
Jovia Financial Credit Union released a statement to their employees and will be informing members of the acquisition. Jovia will also send a welcome letter to all new members with an introduction to their new credit union, informing them that there will be no interruption in services. Financial details of the acquisition were not disclosed.
About Jovia Financial Credit Union
Jovia Financial Credit Union is one of Long Island’s largest and leading credit unions, offering affordable banking services to Long Islanders for more than 80 years. With close to $4 billion in assets and over 200,000 members, Jovia has 21 branches throughout Nassau and Suffolk counties. To join Jovia, eligible members must live, work, attend school, or regularly conduct business in Nassau and/or Suffolk counties (excluding the townships of East Hampton, Southampton and Shelter Island). Existing Jovia members may also sponsor immediate family members or household members.
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