Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (07/13/2009)
* TACOMA, Wash. (7/14/09)--Members of Tacoma-based $59 million asset MilePost CU have approved a merger with Sound CU, a $419 million asset credit union also in Tacoma, according to both credit unions' websites. MilePost, which held a special membership meeting June 30, said the approval rate was over 90%. The merger will be effective Sept. 1, said Sound CU. According to a local newspaper, the combined credit union will have about $477 million in assets. MilePost has 6,600 members and Sound has 37,400. There will be no branch closures or layoffs (The News Tribune July 11). Sound has 13 previous mergers under its belt … * YOUNGSTOWN, Ohio (7/14/09)--Two Ohio credit unions have announced they will merge, effective Aug. 1. The Greater Warren Community FCU, Warren, will become part of the Associated School Employees CU, Youngstown, and will adopt Associated School's name, they announced (Business Journal Daily). The combined credit union will have $150 million in assets and more than 20,000 members. Greater Warren Community President Brian McCue will become chief financial officer of the combined credit union, with Michael J. Kurish remaining president/CEO. All eight offices will remain open and all employees will keep their jobs, said Kurish.


RSS print
News Now LiveWire
In just over a year, @SaveToWinWA generates more than $1M of savings in 6 #creditunions http://t.co/rszMd0SZVv
8 hours ago
Even the pest guy is a cybersecurity risk: http://t.co/Tqq4qfOgcq
9 hours ago
.@SCTelco_FCU among best places to work in S.C. via @TheCCUL http://t.co/PJnjOArfm8
11 hours ago
#IceBucketChallenge in D.C. today: @HampelBill with help from some @CUNA staff http://t.co/3iOqE2KSjd
11 hours ago
P2P mobile payments draw millennials' interest via @BloombergNews http://t.co/uoO2anjCsV
13 hours ago