Editor's Note: This is a corrected version of the article that was published in the June 8, 2011, edition of Credit Union Times.
Accept this reality: How corporate credit unions were will not be again, at least not soon.
Members United Bridge panel selects new name, plans May webinars on new corporate's details.
Members of Motorola Employees Credit Union in Schaumburg, Ill., can now bank through downloadable apps, SMS text banking and the mobile Web.
Anytime, anywhere: that’s today’s financial services mantra. But what CU members want and what they get are not always in alignment, especially with mobile apps.
The $730 million Motorola Employees Credit Union in Schaumburg, Ill., is now offering its 39,000 members mobile access through downloadable apps, SMS text banking and a Web-based universal mobile browser.
The Charter Advisory Group of Members United Bridge now is taking big steps to prepare for a post-bridge existence as a stand-alone corporate, said John Fiore, CEO of the Motorola Employees Credit Union, speaking in his capacity as chairman of the CAG.
The Charter Advisory Group of Members United Bridge has disclosed that it recently filed an official application with NCUA to charter a new corporate credit union.
Membership has certainly paid off for Motorola Employees Credit Union members who have been given back $1 million.