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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 ...


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