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News Now

CU System
Grocery closure prompts CU search for new site
CHEYENNE, Wyo. (3/28/12)--The pending closure of a grocery store in Wellington, Colo., is prompting Warren FCU to search for a new site for its in-store credit union branch that will be gone when the store shutters.

Wellington's Main Street Market is slated to close its doors May 18. Warren FCU already has purchased land in Fort Collins, Colo., with intentions of building a stand-alone branch there, but no timeline has been established for its opening  (coloradoan.com March 26).

Although the credit union would love to open by May 19, due diligence requirements will likely take a while longer, Michael Nagl, Warren FCU's vice president for the Colorado market, told the newspaper.

More information about the Fort Collins branch should be available later this week, Nagle added.

The $400 million asset Cheyenne, Wyo.-based credit union has five other branches in Cheyenne and one in Laramie, Wyo.


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