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
Salt Lake members OK merger with Mountain America
SALT LAKE CITY (4/11/08)--Salt Lake CU will merge with Mountain America FCU, West Jordan, Utah. Salt Lake CU members voted Wednesday night on the merger proposal. About 82% voted in favor, Cindy Nelson, assistant to CEO Michael Moyes told News Now. The merger is scheduled to take place May 31. Salt Lake CU’s name will remain the same for at least two years, she said. The merger was proposed because it is increasingly harder to meet members demands for additional branches, services and ATMs, Salt Lake CU said (News Now April 8). Salt Lake has 10 branches, while Mountain America has more than 50 branches. Salt Lake CU has $256 million in assets. Mountain America has $2.3 billion in assets.


RSS





print
News Now LiveWire
Better economic & #CU conditions,leading to higher rates in '15,'16, will boost CU earnings, asset quality,capital http://t.co/rmJvi3MIpQ
10 hours ago
RT @CUNA: Today is the first day of #CUYouthMonth How is your #creditunion celebrating?
14 hours ago
New @FICO score metric expected this week, will include utility payments http://t.co/l0hGhilMqQ
15 hours ago
.@TheNCUA increased supplier diversity in 2014 by 49%, although NCUA’s workforce diversity levels declined slightly.
15 hours ago
Also from FFIEC today, council announces reappointments of Mary Hughes and Lauren Kingry to its State Liaison Committee. 2of2
15 hours ago