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 merging with bank meets with members
AUGUSTA, Maine (10/3/08)--Kennebec Valley (KV) FCU held town meetings this week to inform members about a proposal to merge with a local savings bank. The town meetings were Tuesday in Augusta, Maine, and Wednesday in Oakland, Maine, according to media reports. KV FCU is based in Augusta. KV FCU and Kennebec Bank announced in September that they were discussing the credit union converting to a federal mutual savings bank charter and then merging with the bank (News Now Sept. 10). The credit union said the proposed conversion and merger would expand its ability to meet the current and future needs of members (News Now Sept. 10). News Now was unable to reach KV FCU for comment by press time. KV FCU has $51 million in assets.


RSS





print
News Now LiveWire
Final field-of-membership rule tops April 30 NCUA agenda http://t.co/gFIhRhUCts
2 hours ago
.@CUNA's @Nussle speaks to @VonnieQuinn about #StoptheDataBreaches and reg. relief. http://t.co/TMTubG9Afk
4 hours ago
RT @NCUFoundation: .The Foundation's @hylandhighway with @NatlJumpStart President/CEO Laura Levine at #FLHillDay2015 today: http://t.co/ep5…
6 hours ago
Seriously underwater homes rise, new-home sales tumble News Now: http://t.co/2LzWTkqnES
6 hours ago
#NewsNow Cornerstone Foundation awards $71K in grants http://t.co/Y6D8K9rwWv
8 hours ago