The $14.5M cooperative’s net worth falls from 8.31% to 1.39% over a year’s span.
The $18M Detroit credit union can't recover from big adjustments to financial reports in Q42013.
When Jim Perna started working at piano maker Wurlitzer in Detroit circa 1962, the city had a vibrancy that was contagious, heady and colorful.
The $59 million, 9,300-member CBCCU in Clarkston, Mich., said it has expanded its field of membership.
Suburban Detroit credit union feted for training and benefits.
Renee DeMarco has been named president/CEO of Community Driven Credit Union of Ypsilanti, Mich.
Thirty-three-year credit union veteran had been president of CapCom Credit Union before its 2009 merger with DFCU Financial.
The merger was approved by St. Cletus members June 18 and conversion is expected by Sept. 30, Affinity Group CU said.
Five people ready to be new credit union members were waiting at a branch to open Saturday at Michigan Schools and Government Credit Union.
Michigan Schools and Government CU opening its nine locations in suburban Detroit, offering deposit match and pasting names on walls.