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
CU System briefs (07/13/2009)
* TACOMA, Wash. (7/14/09)--Members of Tacoma-based $59 million asset MilePost CU have approved a merger with Sound CU, a $419 million asset credit union also in Tacoma, according to both credit unions' websites. MilePost, which held a special membership meeting June 30, said the approval rate was over 90%. The merger will be effective Sept. 1, said Sound CU. According to a local newspaper, the combined credit union will have about $477 million in assets. MilePost has 6,600 members and Sound has 37,400. There will be no branch closures or layoffs (The News Tribune July 11). Sound has 13 previous mergers under its belt … * YOUNGSTOWN, Ohio (7/14/09)--Two Ohio credit unions have announced they will merge, effective Aug. 1. The Greater Warren Community FCU, Warren, will become part of the Associated School Employees CU, Youngstown, and will adopt Associated School's name, they announced (Business Journal Daily). The combined credit union will have $150 million in assets and more than 20,000 members. Greater Warren Community President Brian McCue will become chief financial officer of the combined credit union, with Michael J. Kurish remaining president/CEO. All eight offices will remain open and all employees will keep their jobs, said Kurish.


RSS





print
News Now LiveWire
Consumer spending is slumping #Market #Economy http://t.co/RI4HS68IuJ
14 hours ago
April is #NationalFinancialLiteracyMonth & @TheNCUA Chair Matz urges #creditunions to help members learn to manage/protect their finances.
16 hours ago
Fed. FI regulators' statmnts on compromised credentials/destructive malware #cybersecurity http://t.co/f4uTBDm1PU http://t.co/zP5Iw6VxZc
18 hours ago
Home prices rising faster than wages: @RealtyTrac #NewsNow #Market http://t.co/wa74mnw3Cu
19 hours ago
.@Nussle dropped by the @ACUMuseum recently. Read about his visit http://t.co/bYe8RRgYLP
20 hours ago