ITHACA, N.Y. - Cornell FingerLakes CU, the first federal credit union in the state to convert to a state charter, is showing no signs of slowing down its pace of expanding its field-of-membership by taking in select employee groups. Originally chartered as a federal credit union to serve the employees of Cornell University, the $231 million CU had taken in about 100 SEGs by 1980. Since converting to a state charter in Dec. 1997, Cornell FingerLakes has added about 300 SEGs to its field-of-membership and continues to file each month with the state Banking Department to add about 40 SEGs. The week ending May 5, Cornell FingerLakes filed to add Clarity Connect Inc., Executive Assistant, Fadden & Associates PT Inc., Women's Opportunity Center, Community Dispute Resolution Center, and Cummins Real Estate to its FOM.
Cornell FingerLakes CU continues SEG expansion
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