GREENSBURG, Kan. — The branch of the $120 million Mid American Credit Union that was among the 95% of the town of Greensburg which was wiped out by a killer tornado on the night of May 4 was not a stand-alone structure with a staff, according to the CU’s marketing director.

Instead the credit union had a relationship with an H.R. Block accounting office on the town’s main street and the CU was seeking to grow its membership in the area to the point where it would open a stand-alone branch. Members using the branch would work with the H.R. Block employees who could serve their needs on behalf of the CU, according to Mike Welli, Mid American marketing director. At the time of the tornado the branch, which was about 110 miles away from the CU’s main office, served 65 accounts Welli said.

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?


NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

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 © 2023 ALM Global, LLC. All Rights Reserved.