Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Kaiperm FCU Alliant CU in merger negotiations
OAKLAND, Calif. (6/18/08)--Kaiperm FCU, Oakland, Calif., is negotiating a merger with Alliant CU, Chicago. Kaiperm has posted a letter on its website with information about the merger. The two credit unions will work together to make the merger seamless for its members, Shirley L. Jones, chairman of Kaiperm’s board, said in the letter. Kaiperm decided to pursue the merger after research it conducted determined a merger was the best way to improve and enhance financial services for its members. During the first three months of this year, the credit union posted losses of $2.2 million (InsideBayArea.com June 17). Alliant has $5.5 billion in assets and 200,000 members nationwide. Kaiperm has $94 million in assets and 17,536 members.


RSS print
News Now LiveWire
.@CreditYOUnion captures voices of #100MM loud, proud at @GAUnitedCU See #NewsNow Thursday for more
2 hours ago
Ill. @GovernorQuinn signs patent troll law http://t.co/ugWf8zHpCm via @CrainsChicago
3 hours ago
.@MBAMortgage : Mortgage apps increased 2.8% from one week earlier for week ending Aug. 22.
4 hours ago
Franchise businesses may face higher breach risk with POS systems HT @briankrebs http://t.co/LGE46DUk15
4 hours ago
About 1 in 3 consumers use plastsic for in-person purchases of less than $5, according to @CreditCardsCom survey.
6 hours ago