Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Intermountain CU members OK merger with CU
SALT LAKE CITY (10/30/08)--Members of Intermountain CU at a special meeting Tuesday voted nearly unanimously to merge into Ogden, Utah-based America First CU. About 150 members of Intermountain were present for the vote, said The Salt Lake Tribune (Oct. 28). Beginning immediately, Intermountain's administrative staff, member accounts and assets will be integrated into America First. The merger is expected to be complete by the end of the year. Intermountain was struggling financially as a result of the mortgage crisis. The merger was approved by the National Credit Union Administration and the Utah Department of Financial Institutions. The 54-year-old credit union had 6,900 members and $41 million in assets. America First has $4.5 billion in assets.


RSS print
News Now LiveWire
FHFA today announced it's extending comment deadline for guarantee fees Fannie, Freddie charge lenders to Sept. 8.
6 hours ago
The 2014 @CUwomen Forum was held in Gold Coast, Australia yesterday during @WOCCU 's World CU Conference.
9 hours ago
.@CFPB obtains $92M in debt relief from Colfax Capital Corp. http://t.co/QPZAeCAcy2 See also: http://t.co/Kjf4HHkINW
10 hours ago
Julian Castro was sworn in as 16th secretary of @HUDgov Dept. of Housing and Urban Development Mon.
11 hours ago
.@CUNA's Chief Economist @SchenkMike talks consumer confidence--at highest levels since 2007 w/ @TheStreet @JoeDeaux http://t.co/JyoYQmhAxc
11 hours ago