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