GRAND RAPIDS, Mich. (12/4/12)--CASE CU in Lansing, Mich., and Option 1 CU in Grand Rapids, Mich., said they will share a branch facility in East Lansing starting early next year.
The branch sharing will create a "unique opportunity" for both credit unions, they said in a joint press release issued Friday (mlive.com Nov. 30).
The move will allow the $219.5 million asset CASE CU to maintain its presence in the Lake Lansing Road area of East Lansing. It is leaving its branches in the area because they are too small to accommodate the growth it is experiencing, Jeffrey Benson, CASE president/CEO, said.
The credit union now will focus on procuring bigger branches that have drive-up service lanes for its members, which CASE has been seeking for some time, Benson added.
In the meantime, Option 1 said it has found a business to occupy a space that is too big for its current needs, the release said.