X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEENAH, Wis. – Kim Services CU and Lakeview CU have shared a common history for nearly history – they’re both tied to Kimberly-Clark Corp. – and now that history is behind Kim Services’ decision to select Lakeview as its merger partner. A majority of Kim Services CU members who gathered for a special membership meeting June 23 voted to approve their board’s recommendation to merge with the $56 million Lakeview. According to Kim Services the $4.6 million credit union is sound financially, but it was faced with several major issues such as future staffing with the impending retirements of key employees, and shrinking potential for new members. It has about 870 members. Kim Services CU was chartered in October 1947 to provide financial services to Kimberly-Clark employees and their families. Lakeview CU was chartered in 1934 to provide financial services to employees of Kimberly-Clark’s Lakeview mill and their families. The CU now has a community charter. Lakeview currently has 7,000 members.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.