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
The Union CU opens branch in Kennewick Wash.
KENNEWICK, Wash. (3/4/09)--A Spokane, Wash.-based credit union serving union employees, their families and businesses that hire union workers has opened a branch Monday in Kennewick, Wash. The Union CU, with $12.8 million in assets, decided to open the branch to better serve members in the Tri-Cities. Many already use the credit union's online banking facilities, CEO Demaris Krummel told the Tri-City Herald (March 3). In a financial environment of tightening credit, the credit union has become more important to members. The bulk of its growth occurred last year, Krummel said. Established in 1968 by members of the Bricklayers Local 3 in Spokane, the credit union has about 4,500 members. The new branch employs three employees, including manager Jeff Burckhard. All employees--including the CEO and board members--are union members. Krummel told the paper that members earn 3% interest on their checking accounts, and it is helping its members through tough times. Out-of-work members are allowed to skip loan payments. The credit union is also planning a branch in Seattle next year.
Other Resources

RSS





print
News Now LiveWire
Credit card issuers could see a reduced burden for 1 year under a @CFPB proposal issued this week. News Now: http://t.co/CYVXLUmVBq
12 hours ago
RT @CUEscan: Branches Will Be the Cornerstone of Growth http://t.co/fVqPPaGeVL http://t.co/xxMyKGQMrl
12 hours ago
RT @asmarterchoice: According to @Bankrate study, customers more likely to find FREE checking at #Creditunion than a bank! http://t.co/ntCb…
12 hours ago
Ditch monthly subscriptions to save $$, @YoungFreeMI Fielder tells @freep http://t.co/TFnsps4Dui #ASW2015
13 hours ago
.@federalreserve extends comment period for capital surcharges on systemically important U.S. bank holding cos. http://t.co/MOJJBn9DfA
14 hours ago