Merger partner says fee would raise $2 million to pay for loan losses and restore merged Maryland credit unions' financial health.
From providing a micro loan to get a food truck up and running to approving capital for a disabled member’s rehabilitation startup, credit unions helped.
Despite recent activity, the NCUA has said it is not in the business of pushing mergers in 2012. According to an agency spokesman, there is “an upsurge in mergers this year which is likely due to the ability of continuing credit unions to assume the responsibilities associated with mergers as...
Credit unions' cooperative nature demonstrated in lack of hard feelings in merger and field of membership expansion overlap.
Educational Systems and Montgomery County Teachers similar in size, have long geographic, people ties.
Merger would create $750 million credit union, the state's seventh largest.
Thanks to financing from the National Institutes of Health Federal Credit Union, an adult medical daycare facility will open for business this spring.
We strive to provide all our members with the best possible value proposition. In order to better communicate this value proposition, we had to get creative about how younger members wanted to interact with us. Gen Y members are especially technology driven.
Andrews Federal Credit Union, Suitland, Md., announced Jim Hayes as its new executive vice president/chief financial officer.
The neglect and exploitation of the elderly has led to the formation of a Montgomery County, Ohio team, including a representative from Day Air Credit Union, to stop the abuse.