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
Oklahoma regulator approves CUs merger (02/21/2011)
OKLAHOMA CITY (2/22/11)--The Oklahoma State Credit Union Board approved a merger between Tulsa Metro FCU and the Fraternal Order of Police (FOP) CU, both of Tulsa. FOP CU, with $25.6 million assets absorbs Tulsa Metro CU’s $6.8 million assets. Gilbert told News Now that FOP/Tulsa Metro merger made sense from both cultural and operational perspectives. “They were not interested in becoming part of a big credit union,” he said of Tulsa Metro CU. “They still maintain that small credit union atmosphere through this merger.” FOP CU CEO Carol Webb had previously held the same position at Tulsa Metro, Gilbert noted. “She knew its operations, as well as the limitations and struggles it had,” Gilbert said. One of those limitations was access to branch facilities. Tulsa Metro FCU was previously housed in the fifth floor of a downtown building, said Gilbert. The National Credit Union Administration has also approved the merger.


RSS





print
News Now LiveWire
.@MECreditUnions announces winner of @YoungFreeME #SoundOff contest. @Sassquatch_Band will play Old Port Festival in June @PDD_Downtown
16 hours ago
House Financial Services Com. to hold March 3 hearing to receive the semi-annual report of @CFPB Director Richard Cordray.
16 hours ago
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
18 hours ago
You can get your subscription to @cuna 's free, daily, online #creditunion #news service News Now here: http://t.co/YtUejEmAYP
18 hours ago
CCUA hosts @TheNASCUS college for #creditunion directors http://t.co/CftpSXDKWx
21 hours ago