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
Members OK large Florida merger
TAMPA and LAKELAND, Fla. (9/23/10)--Members of Bay Gulf CU, Tampa, approved a merger into MidFlorida CU, in Lakeland, Fla., at a Friday meeting. Bay Gulf member voters cast 92% in favor of the merger, which was approved by regulators last month (Tampa Bay Business Journal Sept. 21). The merger of assets will occur Oct. 1, but the merger of account records--which will allow Bay Gulf members access to MidFlorida’s products and services--will not take place until early 2011, the Journal said. Operating under the MidFlorida name, the combined organization will have assets of $1.55 billion and nearly 150,000 members. “The decision to merge was not an easy one, but our board felt like the products, services and customer service offered by MidFlorida would benefit Bay Gulf's membership,” Bill DeMare, Bay Gulf president/CEO, said in June. He noted that MidFlorida also is open extended hours from 7 a.m. to 7 p.m., which would benefit Bay Gulf members (News Now June 16).


RSS





print
News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation http://t.co/AzOv3nB7IB
3 hours ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.” http://t.co/qMsDBmKExH
8 hours ago
.@daytondailynews : The secret is out about #creditunions http://t.co/Aqu3pFTROV @DayAirCU @CODECreditUnion
9 hours ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
11 hours ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
11 hours ago