HUTCHINSON, Kan. — Central Kansas Credit Union is being swallowed up by a Wichita credit union. The local credit union has signed an intent-to-merge agreement with Wichita-based Credit Union of America, according to an article in Credit Union Journal.

Central Kansas Credit Union currently has about 6,000 members and $36 million in assets, while Credit Union of America boasts nearly 66,000 members and $805 million in assets. Under terms of the agreement, CUA will become the surviving entity. Both credit unions will vote on the proposed merger by March 29. The merger will not affect any employees of CKCU, which posted a net loss of about $43,200 last year after generating net income of $71,600 in 2016.

Meanwhile, CUA generated net income of about $10.1 million in 2017 after posting net income of about $9.5 million in the previous year.