Thank you for sharing!

Your article was successfully shared with the contacts you provided.

METAIRIE, La. – Since putting out the word a few weeks ago that it was seeking deposits from credit unions throughout the country to help build capital in order to meet expected demand when Katrina-ravaged Louisiana CUs get back on their feet, Louisiana Corporate says it is making progress. CEO David Savoie reported last week that so far $11.7 million has been deposited from new depositors. The breakdown is as follows: *Arizona FCU, Phoenix$10 million *Electrus FCU, Brooklyn Center, Minn. $500,000 *CNBS, LLC, Overland Park, Kan. $1 million *Tyndall FCU, Panama City, Fla. $99,000 *Money One FCU, Largo, Md. $100,000 Louisiana Corporate is still operating out of its back-up facility at U.S. Central’s headquarters. Its contact information is below: Louisiana Corporate Credit Union 9701 Renner Blvd., Suite 330 Lenexa, Kansas 66219 (888) 872-0440, Ext. 6412 Fax: (913) 319-3206 attn: Louisiana Corporate David Savoie, [email protected]

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

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.