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
Two Maryland educational CUs to merge
ROCKVILLE/GREENBELT, Md. (4/16/12)--Montgomery County Teachers (MCT) FCU, Derwood, Md., has signed a letter of intent to join Educational Systems FCU, Greenbelt, Md.

The merger would create a combined credit union of nearly $750 million in assets and serve more than 95,000 members to establish one of the largest education-based credit unions in the region, serving educators, students and their families in six Maryland Counties.

"We have found a partner who truly shares a similar history, membership, and mission to help the members of the education community achieve their financial goals and dreams," said Tom Hickman, chairman of MCT FCU with $384 million in assets.

"We welcome the members, volunteers and staff of MCT FCU to our organization," said Rosemary Brinkley, chairman of Educational Systems FCU, with $367 million in assets. "Together, we hope to create the premier financial services provider for the education community."


RSS





print
News Now LiveWire
CU Effect: @StLouisComm collaborates to save homes with FHLB grant #NewsNow http://t.co/fxX8EhouUj
4 hours ago
#NewsNow March 31 deadline for Biz Kid$ fin. ed grant application http://t.co/5AD5ZYPLEU
5 hours ago
.@CUNA sends letters on @RepAndyBarr QM bill, @RepMickMulvaney @NCUA budget transparency bill #NewsNow http://t.co/cRAk46ALeD
6 hours ago
The U.S. Court of Appeals restored NCUA lawsuit v. Barclays Capital that charged misrepresenting quality of $550M IN RMBS. See News Now Wed.
21 hours ago
Registration is now open for the online livestreaming of @TheNCUA March 19 open board meeting. http://t.co/yOuqdXHlxj
1 day ago