Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System brief (10/02/2010)
* FARMINGTON HILLS, Mich. (10/4/10)--A merger between Community Choice CU and Kelly FCU, both based in Farmington Hills, Mich., has been finalized, Community Choice announced Friday. Members of Kelly FCU voted last month to support the merger, which already had been approved by the National Credit Union Administration and Michigan's Office of Financial and Insurance Regulation. The combined credit union will offer expanded services to 6,800 Kelly Services Inc. employees. "By joining forces with Community Choice CU, we can offer additional banking services including credit cards, mortgages, insurance, investments, financial education, and expanded availability through eight locations, more than 28,000 nationwide ATMs and an extended hours call center," said Tom Manecor, board chairman at Kelly FCU. Phil Cooper, chief operations officer at Community Choice CU, said the credit union "is a financially sound institution with a growing line of financial services," which makes it a "viable partner to smaller institutions seeking more stability and services for their members." During the month, Community Choice will update the credit union station at Kelly Services headquarters in Troy, Mich., to feature a personal teller machine and surcharge-free ATM ...


RSS print
News Now LiveWire
September is National Preparedness Month. Read how your CU can get ready in #NewsNow #NPM @AgilityRecovery @Readygov
13 hours ago
Bay Area #creditunions featured in @SFBusinessTimes article http://t.co/SE7W81Ulia
15 hours ago
#NewsNow: 8 CU advisory board, new senior leaders named at @CFPB. http://t.co/EPKgHEDRRN
16 hours ago
#NewsNow: @FTC warns of government impostor scams. http://t.co/MMWBOcrqwJ
17 hours ago
Registration open for @CUNAMutualGroup's Discovery Conference #NewNow http://t.co/CATF0j9ct1
17 hours ago