Updated Information: Torch Lake FCU member vote was passed on March 26th.

Torch Lake Federal Credit Union and Peninsula Federal Credit Union announce their intent to merge for the benefit of members, employees and the communities they serve. Following completion of the merger, which is subject to approval from the Torch Lake Federal Credit Union’s members, the new credit union will have four branches across the Upper Peninsula & Northeast Wisconsin. The proposed merger, which is expected to be completed tentatively July 31st, 2025 has the unanimous approval of both the Torch Lake Federal Credit Union and the Peninsula Federal Credit Union Board of Directors and their respective leadership teams. In March, Torch Lake Federal Credit Union members voted and approved the merger with Peninsula Federal Credit Union. 

Members will experience no immediate changes as the two organizations will operate independently until systems and processes are integrated and operational. Upon completion, the combined organization will operate under the Peninsula Federal Credit Union name. In recognition of the strong and proud histories of both Torch Lake Federal CU and Peninsula Federal CU, employees and members of both organizations will work together to develop a combined brand experience that honors both entities roots with a future-forward vision.

       Frequently Asked Questions       

At Torch Lake Federal Credit Union, our members are our first priority. If you have questions or concerns, we want to know.
Please contact us using one of these methods:

• Email us
• Call: (906) 337 - 5565
• Fax:  (906) 337 - 0385
• Visit us