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
Harbor CU closes Algoma branch
GREEN BAY, Wis. (5/25/11)--Harbor CU has closed its Algoma, Wis. branch. A rise in loan delinquencies related to the current economic climate was the reason behind the closing, Michael DeGrand, president/CEO of the $105 million-asset Green Bay, Wis.-based credit union told the Door County Advocate May 23). After a management review, the credit union’s only options for cutting expenses were staff layoffs or branch consolidation, De Grand said. Harbor CU remains well capitalized, he added. The credit union’s presence in Algoma dates back to 1986 after a merger with Kewaunee County Community CU. Harbor has branches in five Wisconsin cities.


RSS





print
News Now LiveWire
.@CUNA , trades unite to urge Congress on #datasecurity action http://t.co/gzmZGX9nfF
43 minutes ago
State of Wash. @dficonsumers has expanded its CAMEL ratings to include an "S" for interest-rate sensitivity.
1 hour ago
.@HUDgov tweets: Be sure to tune in tonight to watch @SecretaryCastro on @TheDailyShow with Jon Stewart http://t.co/B1L23NQaoJ
1 hour ago
.@NJCUL Southern Chapter meeting canceled due to the impending snowstorm
1 hour ago
.@CUNA staff preparing for today's #RBC2 webinar http://t.co/9rVX41DLfQ
2 hours ago