I don’t currently have live access to up-to-date news feeds to confirm the very latest on Hanesbrands Credit Union. If you’d like, I can summarize known history and help you locate the most recent coverage quickly.
Key background to consider
- Hanesbrands Credit Union (HBCU) was a small, Winston-Salem area credit union that merged into Members Credit Union (MCU) in 2019, after which the combined entity continued as MCU with expanded membership and branches in the region. This indicates HBCU as a standalone institution ceased to exist after that merger.[2]
- There are references to Hanesbrands-related corporate refinancing in 2025 for the parent company HanesBrands Inc. (the apparel company), including a 2026 maturities refinancing and related debt management actions, but these are separate from the Hanesbrands Credit Union entity.[1][3]
- Some historical materials also indicate that prior discussions or reports tied to Hanesbrands Credit Union appeared in corporate or community news around the time of the merger, but current status as a separate credit union post-2019 does not appear to exist.[5]
What I can do next
- If you want, I can search for the latest public news about MCU and the former HBCU membership impact, plus any remaining local announcements in Buffalo/Ny area if they reference a different Hanesbrands entity.
- Alternatively, I can guide you to check:
- MCU’s official website or press room for post-merger updates and branch/network changes.
- Local business news outlets in Winston-Salem for any follow-up on the merger’s community impact.
- The National Credit Union Administration (NCUA) database for official merger and charter information.
Would you like me to pull the most recent MCU/HBCU-related press releases and merger status from authoritative sources now? If you have any specific location (e.g., a branch or city) you’re interested in, tell me and I’ll tailor the search.
Sources
On August 31st Hanesbrands CU (HBCU), a Winston-Salem based federally insured state-chartered credit union with 4,962 members merged into Members CU (MCU), a federally insured state-chartered credit union based in Winston-Salem with 47,664 Members. The credit union will continue as Members Credit Union. “We are very excited to welcome the members of Hanesbrands Credit Union…
www.winstonsalem.comexpected. However, we saw several positive indicators that give us confidence margins and leverage have reached a positive inflection point and demonstrate progress on our strategy to simplify our business, reduce inventory, cut costs, and reignite Innerwear,” said Steve Bratspies, CEO. “Importantly, we exceeded our year-end goals in all four key 2023 performance
ir.hanesbrands.comReports solid second-quarter results with better-than-expected performance in U.S. innerwear business. Announced agreement to sell global Champion business and completed exit of U.S. outlet stores in July. Both businesses moved to discontinued operations in second-quarter 2024.
ir.hanesbrands.comsearching on The Hub. In September, Hanesbrands Credit Union merged into our credit union, and we welcomed 4,962 members along with ten full-time employees to our MCU family. As a result of the merger, we gained a branch location with a drive-thru, night deposit and ATM. The merger increased the Now our members have access to the largest surcharge-free ATM network in the country with 30,000 ATMs across the USA. Joint Report 5
cdn2.hubspot.netHanesBrands Inc. (NYSE: HBI) today announced the completion of the refinancing of its 2026 maturities. The Company successfully closed on an upsized new senior secured term loan B facility in an aggregate principal amount of $1.1 billion maturing in 2032 (the “Term Loan B”), a new $750 million senior secured revolving credit facility maturing in 2030, and a new $400.0 million senior secured term loan A facility maturing in 2030 (the “Term Loan A”). The net proceeds from the Term Loan B,...
newsroom.hanesbrands.comHanesBrands Inc. (NYSE: HBI), a global leader in iconic apparel brands, today announced results for the second-quarter 2024. “We delivered solid second-quart...
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