Griffiths Savings Banks begins the new year as a branch of United Federal Credit Union of St. Joseph, Mich.
Battle Creek CU finishes one deal; St. Joseph CU wins vote for merger in Kalamazoo.
Michigan CEO Gary Easterling says he's heard from "maybe five or six" others.
That precedent-setting deal by Michigan’s United Federal Credit Union to merge an ailing Indiana savings bank gained NCUA approval last week and now seems certain to be the model for more to come, its architect says.
Takeover of bank may be first by a federally chartered credit union, its president says.