Wings Financial Assures Stability after Airline's Bankruptcy Filing

MOON TOWNSHIP, Pa. – Wings Financial FCU is reassuring its members of its financial stability in the wake of Northwest Airlines filing for Chapter 11 bankruptcy protection on Sept. 14. “Because many of our members work directly with or have family members employed by Northwest Airlines, I want to remind you that Wings Financial is strong, stable, and completely independent from Northwest Airlines,” said Paul Parish, president/CEO of Wings Financial in a statement. Parish said the $1.5 billion CU has “gradually diversified over the last several years to include members throughout the air transportation industry as well as numerous family members who work in occupations completely unrelated to air transportation.” “This gradual change in the makeup of our membership has ensured the credit union’s long-term stability for all members,” Parish said, adding the “people of Northwest Airlines are, and will continue to be, a vital part of the membership of Wings Financial and we are ready to help in whatever capacity we are able.” The CU has posted a Q&A on Northwest Airlines’ Chapter 11 filing on its Web site www.wingsfinancial.com.