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.
Personnel moves follow growth doubling in 2012 and continuing in 2013 for Michigan Business Connection LLC.
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.
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.
Given their respective CUSO alliances, Affinity Group Credit Union and Kensington Valley Community Credit Union said their recent plan to merge is another example of collaboration.