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
Prospera CU restructures closes branch
APPLETON, Wis. (4/12/10)--Prospera CU, Appleton, Wis., is closing one of its branches and two of its GoodMoney payday lending loan alternative sites as a part of a restructuring plan. The credit union said Thursday it would close its Grand Chute branch June 5. Two GoodMoney sites inside of Goodwill stores in Green Bay, Wis., will close June 4. Six positions will be eliminated (Appleton Post-Crescent April 8). The closures are not a result of economics, Sheila Schinke, interim CEO for Prospera, told the newspaper. Trends within the industry show a preference toward automated and electronic branch services, the credit union said. About 50% of Prospera’s Grand Chute members used online account access and 36% used direct deposit. The credit union will continue to maintain locations in Appleton, Neenah and Menasha. Prospera also will continue to offer its GoodMoney services at its remaining locations. GoodMoney services launched in 2006.
Other Resources

RSS





print
News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation http://t.co/AzOv3nB7IB
11 hours ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.” http://t.co/qMsDBmKExH
16 hours ago
.@daytondailynews : The secret is out about #creditunions http://t.co/Aqu3pFTROV @DayAirCU @CODECreditUnion
17 hours ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
19 hours ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
19 hours ago