Five people ready to be new credit union members were waiting at a branch Saturday of Michigan Schools and Government Credit Union, according to its COO, Lisa Burroughs.
"We've had around 20 new members so far, way more than we normally get on a Saturday, when we usually get one or two. We're getting a lot of loan applications, too, and people taking advantage of our CD specials," Burroughs said.
The $1.1 billion, 66,000-member Michigan Schools and Government CU has nine branches in Macomb and Oakland counties in suburban Detroit, and all were open, instead of the usual three on Saturday, Burroughs said.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
