Meanwhile, Cleveland's Firefighters Community CU invites folks in punch, cookies and credit union information.
Minnesota credit unions and banks were joining forces this week to oppose a retailer-backed interchange bill they described as “very bad legislation.”
Mid-America Credit Union Association has named Robbie Thompson as its new president/CEO. Thompson is vice president and general counsel at the $280 million Members Cooperative Credit Union of Cloquet, Minn.
While some credit unions have experienced losses, it's still may be worth it for them to take a chance on what would happen if the 12.25% of assets member business lending cap was lifted.
Mark Cummins, president/CEO of the Minnesota Credit Union Network, is among the growing chorus of industry leaders urging for the lift of the 12.25% of assets member business lending cap.