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 mergers in Hawaii involve CUs
HONOLULU and LIHUE, Hawaii (12/6/12)--Two credit union mergers in Hawaii were announced this week.

Aloha Pacific FCU, Honolulu, will merge with Hawaii Stevedores/Castle & Cook Hawaii FCU, also of Honolulu. The credit unions this week announced they received approval to merge from the National Credit Union Administration.

Aloha FCU is the third-largest credit union in Hawaii. With the merger, it will have $730 million in assets and 41,000 members.

In the past five years, Aloha Pacific FCU has merged with Inter-Island FCU, First Insurance FCU, Word of Life FCU and Media Hawaii FCU.

Garden Island FCU, Lihue, Hawaii, with $17 million in assets, and the Koloa (Hawaii) FCU, with $71 million in assets, also announced their intention to merge.

Although the merger is not expected to be completed until April, Koloa FCU members can immediately begin using Garden Island services, according to the Garden Island FCU website.

All staff from Koloa FCU will remain with Garden Island FCU.


RSS





print
News Now LiveWire
Watching #SuperBowlXLIX this Sunday? Look for regional #creditunion #commercials @CltMetroCU @BECU @golden1cu #Seahawks #Patriots
18 hours ago
Philadelphia's American Bakery Workers FCU liquidated by @TheNCUA; @trumarkonline assumes shares
19 hours ago
More branch shutterings by @Citi: 4th-largest bank to close 10% of #Chicago area branches HT @CrainsChicago http://t.co/2vAvgucLY5
20 hours ago
56% struggle with subprime credit scores says @cfed survey HT @washingtonpost http://t.co/RHmMvuhNtw
20 hours ago
How to use social media for crisis communications Feb. 10 webinar from @SBAgov, @AgilityRecovery http://t.co/d16t8RHr7n
21 hours ago