Wisconsin credit union rolls out fixed- and variable-rate education loans, plus a flexible line of credit options.
Longtime customers of Thrivent Financial Bank, an Appleton, Wis.-based bank with credit union roots, may experience confusion and feelings of déjà vu in the coming months as the bank returns to being a credit union.
Credit union leaders have not said much about the news that Thrivent Financial for Lutherans is narrowing the business focus of its subsidiary Thrivent Financial Bank and launching a credit union for the bank's retail business.
Although they less frequent than credit union to bank charter changes, some banks have made the move to become credit unions.
Ten years after consolidating credit unions and banks, Thrivent Financial plans to create an independent new credit union.