Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Meriwest CU closes Tucson branches
TUCSON, Ariz. (11/24/09)--Meriwest CU announced it will close its two Tuscon financial centers Jan. 1, but members will continue to be served through Shared Branching. Meriwest, based in San Jose, Calif., serves members in California and Arizona. The credit union is closing the two Tucson branches--the only two it has in the state--in a move to consolidate its operations. “Prudence dictates that we consolidate some of our operations to better weather this [economic] storm for the membership as a whole,” the credit union said in a statement. Meriwest has no plans to close additional financial centers. “Our capital is strong, our operations are excellent and our expenses are well below peers',” the credit union said. Staff at the Tucson centers will remain until the centers close. The staff will be given support, a compensation package, and Meriwest will contact other credit unions in the area to identify job opportunities or provide references, Meriwest said. Members in the Tucson area will continue to be served by Meriwest through Shared Branching. Meriwest provided a list of credit unions members can visit for Shared Branching services on its website. Members also can conduct ATM transactions through 7-Eleven VCom units in the Tucson area. Meriwest has $1.3 billion in assets. For more information, use the link.
Other Resources

RSS print
News Now LiveWire
July 's Fed Bank's "FedFocus" has some interesting articles: incl cost/benefits of $1 currency 2 coin conversion ttp://tinyurl.com/nybmnhh
44 minutes ago
Do you wish you were a News Now subscriber? Go here: http://t.co/7evfBSjeMx
1 hours ago
Financial education for student body key part of Altura #creditunion, UC-Riverside partnership #NewsNow http://t.co/Xp6OJd66o6
1 hours ago
.@VTcreditunions gains 200 new FB followers in just 2 wks to reach 1,000 http://t.co/I89xJcv4Jg
2 hours ago
.@CUNA is testifying on reg relief Tues,July 15 at 2 p.m. be4 Hs Fin Serv Subc. Here is the agenda and witness list: http://t.co/yBRhlmdqHt
4 hours ago