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
Citizens CU to merge with Lake Michigan CU
KALAMAZOO, Mich. (5/25/10)--Members of Kalamazoo, Mich.-based Citizens CU have voted to merge into Grand Rapids, Mich.-based Lake Michigan CU, pending regulatory approval. Both credit unions' boards had approved the merger proposal earlier (Kalamazoo Gazette May 21). The merger allows Lake Michigan CU to expand its footprint and services with four additional branches in the Kalamazoo area, President/CEO Sandra Jelinski told the newspaper. It will offer a full range of financial services to the new members, including a 4% Max Checking account and low-rate mortgage guarantee. Citizens CU has $60 million in assets and 9,000 members. With the addition of Citizens, Lake Michigan CU will have $2 billion in assets.


RSS





print
News Now LiveWire
Maine credit unions put Food Mobile on the road to relieving hunger in rural areas http://t.co/R0xpt6BAZE
6 hours ago
.@TheNCUA's Matz: PALS should be exempt from Military Lending Act proposal #NewsNow http://t.co/Vy9uNhOIEr
6 hours ago
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
9 hours ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
10 hours ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
11 hours ago