Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Prospera CU restructures closes branch
APPLETON, Wis. (4/12/10)--Prospera CU, Appleton, Wis., is closing one of its branches and two of its GoodMoney payday lending loan alternative sites as a part of a restructuring plan. The credit union said Thursday it would close its Grand Chute branch June 5. Two GoodMoney sites inside of Goodwill stores in Green Bay, Wis., will close June 4. Six positions will be eliminated (Appleton Post-Crescent April 8). The closures are not a result of economics, Sheila Schinke, interim CEO for Prospera, told the newspaper. Trends within the industry show a preference toward automated and electronic branch services, the credit union said. About 50% of Prospera’s Grand Chute members used online account access and 36% used direct deposit. The credit union will continue to maintain locations in Appleton, Neenah and Menasha. Prospera also will continue to offer its GoodMoney services at its remaining locations. GoodMoney services launched in 2006.
Other Resources

RSS print
News Now LiveWire
@AdamMertzCUNA @CUNACraig @AnnHPeterson @CUEscan @cumagazine
4 hours ago
.@TheNCUA :Low-income CUs can expand services to members, train staff,collaborate for efficiencies w/more than $1M in grants awarded 2day
14 hours ago
.@CUNA joins 11 other financial service orgs urging @SenateFloor to take up #CISA to strengthen cybersecurity information sharing
15 hours ago
.@RedwoodCU and its staff donated a combined $5,100 toward AIDS Walk San Francisco. The CU is a longtime sponsor of the event.
16 hours ago
See the latest from @CUNA's CompBlog on Customer Due Diligence. http://t.co/rzOzDUpNMT
16 hours ago