From East to West, Midwest and South, credit union people in the news.
Zero-interest loan will help build 24 two-bedroom apartments as affordable housing option for new and current teachers.
A bulletin released last week by the FBI revealed the reason the NCUA seized the $52 million Broome County Teachers FCU of Binghamton, N.Y., in June of 2011. Loan fraud.
In a change of heart, Maryland’s $388 million Educational Systems Federal Credit Union is putting to rest the idea of a merger conversion fee to help defray expenses in its takeover of the once-ailing $401 million Montgomery County Teachers FCU of Derwood, Md.
Educational Systems FCU and Montgomery County Teachers FCU combine assets.