Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Harbor CU closes Algoma branch
GREEN BAY, Wis. (5/25/11)--Harbor CU has closed its Algoma, Wis. branch. A rise in loan delinquencies related to the current economic climate was the reason behind the closing, Michael DeGrand, president/CEO of the $105 million-asset Green Bay, Wis.-based credit union told the Door County Advocate May 23). After a management review, the credit union’s only options for cutting expenses were staff layoffs or branch consolidation, De Grand said. Harbor CU remains well capitalized, he added. The credit union’s presence in Algoma dates back to 1986 after a merger with Kewaunee County Community CU. Harbor has branches in five Wisconsin cities.


RSS





print
News Now LiveWire
CUNA: CUNA offices closed through Friday, News Now returns Monday http://t.co/a5xbLzQKDj
22 hours ago
Reminder: @CUNA's Madison, D.C. offices will be closed through Friday, open again on Monday. #NewsNow will publish Monday.
1 Day ago
MI dentist to match @CUDirect's $20K to @HurleyMedical as a result of #20for20 online voting http://t.co/hqmIc9LpK1 @CMNHospitals
1 Day ago
New #creditunion chartered in St. Louis - #LutheranFCU - by @TheNCUA http://t.co/faPfANGS0P. Only 3rd new FCU charter this year.
1 Day ago
Don't get hacked during the holidays-use these tips from @CUNA http://t.co/jEqxni6NhO #StoptheDataBreaches http://t.co/woIxPOIyys
1 Day ago