Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Two Michigan CUs to merge
MONROE, Mich. (10/5/11)--St. Patrick CU, with $1.9 million in assets, Carleton, Mich., has closed and merged operations with $148 million asset Monroe County Community CU, Monroe, Mich. The two credit unions are merging under a joint operations agreement, according to Mike Newman, president/CEO of Monroe County Community CU, (The Monroe Evening News Oct. 1). The agreement has been approved by the National Credit Union Administration and the state regulator. St. Patrick’s had found it difficult to provide services to its members due to current economic conditions beyond its control, Newman said. St. Patrick’s, with 700 members, primarily served the parish of St. Patrick’s Catholic Church and Grade School in Carleton. Its last day of operations was Friday.


RSS





print
News Now LiveWire
#CU Effect:@ChartwayFCU 'branch of the future' 2 benefit members, staff. 2nd installment of new News Now series here:http://t.co/ImBY4nupEj
20 minutes ago
U.K. regulators have given formal authorization for the @c_of_e to form a #creditunion.
22 minutes ago
#BREAKING: Fed remaining 'patient' on rate-hike decision, keeps 'considerable time' in policy statement #Market http://t.co/XykelROtcA
28 minutes ago
Missouri Corporate CU's Paulette Hill, director of correspondent services, retires after 30 years @MCUA_news https://t.co/FpS1bNwnJK
46 minutes ago
#NewsNow Average auto debt to top $18K in 2015 http://t.co/AUdWcUVuxt
56 minutes ago