Limits lifted on unsecured loans for volunteers, electronic merger balloting among permitted new activities.
Gov. Jay Nixon appointed Kenneth J. Bonnot as director of the Missouri Division of Credit Unions on Jan. 4.
Despite backing by Missouri lawmakers, those 10 small highway credit unions remain under orders to close their offices in two years and have their 27 employees cut from the payroll Sept. 30, state officials reported today.
To hear the lament of the Missouri Credit Union Association, it was a "bolt out of the blue" when the state highway agency last week notified 10 small credit unions that they must vacate their offices by Sept. 30.
Negotiations to forestall the shuttering of 10 credit union offices in facilities of the Missouri Highways and Transportation Department continued Friday amidst a renewed industry push to get backing from lawmakers and Gov. Jay Nixon.