Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Kaiperm FCU Alliant CU in merger negotiations
OAKLAND, Calif. (6/18/08)--Kaiperm FCU, Oakland, Calif., is negotiating a merger with Alliant CU, Chicago. Kaiperm has posted a letter on its website with information about the merger. The two credit unions will work together to make the merger seamless for its members, Shirley L. Jones, chairman of Kaiperm’s board, said in the letter. Kaiperm decided to pursue the merger after research it conducted determined a merger was the best way to improve and enhance financial services for its members. During the first three months of this year, the credit union posted losses of $2.2 million (InsideBayArea.com June 17). Alliant has $5.5 billion in assets and 200,000 members nationwide. Kaiperm has $94 million in assets and 17,536 members.


RSS





print
News Now LiveWire
Registration lottery for #CreditUnion #CherryBlossom Ten Mile Run opens Monday, Dec. 1 http://t.co/AGkKPof5Fy. Race is April 12
1 Day ago
The turkey hasn't even been served and #creditunions are already making plans for #GivingTuesday
1 Day ago
.@bankofamerica's $16.65 billion 'toxic mortgage' settlement finalized http://t.co/BIq1QyImXG
1 Day ago
RT @CUNA: #NussleReport: ICYMI: Revised RBC proposal in January w/a 90-day comment period #Fix RBC http://t.co/T4JcvWBDse
1 Day ago
.@TheNCUA release on Nov. prohibition orders out already. Here: http://t.co/YkA1QIYbYa
1 Day ago