Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Two Missouri CUs announce intent to merge
SPRINGFIELD, Mo. (8/20/12)--Two Springfield, Mo.-credit unions--BluCurrent CU and Greater Ozarks Community CU (GOCCU)--have announced their intent to merge.

The merger, which has received approval from the Missouri Division of Credit Unions and the National Credit Union Administration, is expected to be finalized Aug. 31.

BluCurrent CU with assets of $140 million will be the continuing credit union.

The $6 million asset GOCCU's current branch in Springfield will remain open until BluCurrent CU opens a new Springfield branch in the fall.

"In recent months, it has become increasingly difficult to provide ever-changing financial products and services to our members and maintain a competitive edge within today's regulatory environment," said Al Wagner, Great Ozarks Community CU board chairman.


RSS print
News Now LiveWire
Post #QE, @federalreserve concerns still linger, says @CUNA's Schenk http://t.co/0GSrpUYpyG
28 minutes ago
.@CUNA's @HampelBill in @WSJ on @federalreserve mtg: 'No significant impact on financial markets or the economy' http://t.co/sbJycxdDXS
47 minutes ago
#ApplePay: #Creditunions need it to be competitive, says @CUNA webinar http://t.co/Rf8j9KWru2
56 minutes ago
Consumer confidence hits 7-year high #Market #NewsNow http://t.co/s7DGIGLZb3
18 hours ago
Still time 2 register 4 @TheNCUA Nov. 19 webinar, “Building a Loan Portfolio: Four Keys to Lending,” hosted by OSCUI. http://t.co/ezTFpnhHlP
19 hours ago