After seven months in operation, Chippewa Eagle Federal Credit Union in Mount Pleasant, Mich., has reached the $2 million mark and is nearing a thousand members, the credit union and its core processor said.
Chippewa Eagle FCU in Mount Pleasant, Mich., has reached the $2 million mark in assets in its first seven months of operation.
With much more at stake, it is no surprise that credit union service organizations are sounding the alarm louder than credit unions regarding an NCUA proposal that would alter how CUSO relationships are regulated.
A pair of swooping swans sent staffers scurrying and put the disaster recovery support system to the test at a Michigan credit union data center.
Xtend Inc., a Grand Rapids, Mich.-based CUSO, said it has signed three more users of its remote compliance monitoring service.
Three more credit unions have signed up to use remote compliance monitoring services from Xtend Inc., a Grand Rapids, Mich.-based CUSO, the company said.
The attack on NCUA policies spearheaded last December in a petition drive by a Michigan CUSO group entered a new phase last week when a Tennessee group joined the fray.
NCUA was the object of more heat this week from an ad hoc group of 32 CEOs and credit union executives submitting a complaining petition to Congressional committees.
The head of a Grand Rapids, Mich. CUSO leading a petition drive sharply critical of NCUA policies and hoping to marshal industry action to bring about major changes, acknowledged Wednesday his campaign may be stalling.
Given their respective CUSO alliances, Affinity Group Credit Union and Kensington Valley Community Credit Union said their recent plan to merge is another example of collaboration.