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
Perfect Circle CU closes branch
HAGERSTOWN, Ind. (1/4/11)--Perfect Circle CU, Hagerstown, Ind., has closed one of its four branches as a consolidation strategy. The credit union closed its west Richmond branch, and will move staff to its other branches in east Richmond, Hagerstown and New Castle. No jobs will be lost. PCCU President Lisa Dykhoff told the local newspaper that two years after the $51 million asset credit union opened its east Richmond branch, it conducted a market analysis, followed by a second earlier this year (Palladium-Item.com Dec. 31). The analyses indicated more members were transferring their business to the east side location, which has more vehicle and food traffic. West side businesses have been declining in recent years. Dykhoff noted in the article that the credit union is facing regulatory changes and increases in the costs of providing basic financial services.


RSS





print
News Now LiveWire
Construction spending drops in January, according to @CommerceGov http://t.co/W9J1mDyF8X #Market #NewsNow
14 hours ago
During Nat'l Consumer Protection Week, @TheNCUA reminds #CU members of agency resources re: rights as consumers. http://t.co/aYgW1HoDmF
15 hours ago
.@TransUnion: #millennials climbing into driver's seat with loans http://t.co/S4H9OIB3Av
16 hours ago
Breaking at #NewsNow: @CUNA backed bill introduced by @RepEdRoyce @GregoryMeeks would raise MBL cap. #CUSmallBiz http://t.co/ZDAb2UMoQz
18 hours ago
Loan growth at federally insured #creditunions in 2014 climbed to highest level since 2005, @TheNCUA reported today. Watch News Now Tues.
18 hours ago