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
Great Basin FCU to close Sparks branch
RENO, Nev. (3/18/09)--Reno-based Great Basin FCU, which has four branches, will close one on April 15. The branch, located at a shopping center in Sparks, is two miles from a Sparks Crossing branch that opened last year. The credit union said that,--coupled with projected slow growth--contributed to the decision (RGJ.com March 16). The credit union told members in a letter that its current size and expectations of minimal growth due to a declining loan demand mean closing the branch as soon as possible so it could maintain the best rates and free structure for members, said the article. Members who used the branch can use the branch's ATM until further notice. The branch operated for nearly two decades. Two employees will be let go, while others will be relocated. The credit union emphasized that it remains financially strong, well-capitalized and continues making sound and thoughtful decisions to ensure success.


RSS





print
News Now LiveWire
20 breakout sessions available at @CUNA's April lending school #creditunions http://t.co/eTK0fVO0RK
8 hours ago
.@CoreLogicInc: Jan. home prices jump nearly 6% annually #Market #NewsNow http://t.co/DoDtHhjvaw
9 hours ago
CU Effect: @StLouisComm collaborates to save homes with FHLB grant #NewsNow http://t.co/fxX8EhouUj
14 hours ago
#NewsNow March 31 deadline for Biz Kid$ fin. ed grant application http://t.co/5AD5ZYPLEU
15 hours ago
.@CUNA sends letters on @RepAndyBarr QM bill, @RepMickMulvaney @NCUA budget transparency bill #NewsNow http://t.co/cRAk46ALeD
17 hours ago