Denise McGregor

  • Two Ailing Sand State CUs Shed Branches and Shrink Loan Portfolios

    In separate moves, two of the struggling sand state credit unions, the $851 million Arrowhead Central CU in California and the $370 million AEA FCU of Yuma, Ariz., found themselves suffering more of the recession's fallout this month.

  • Ailing AEA 'Put Out Merger Feelers'

    One of Arizona's troubled and undercapitalized credit unions, the $370 million AEA FCU of Yuma, acknowledged Monday it is closing a branch, downsizing staff and "put out merger feelers" but is still prepared to go it alone in 2010.

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