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Georgia CU Considers Wal-Mart Pullout

More than a "wait and see" stance, the $75 million United First Federal Credit Union is now thinking of closing its lone Wal-Mart branch in light of the giant retailer's "Money Center" launch, the CU's president/CEO said today.

By Jim Rubenstein | Updated on June 25, 2007

ST. MARY’S, Ga. — More than a “wait and see” stance, the $75 million United First Federal Credit Union is now thinking of closing its lone Wal-Mart branch in light of the giant retailer’s “Money Center” launch, the CU’s president/CEO said today.

“I’ve sent my marketing head out to check with the store manager here to see what they know since Wal-Mart never told us a thing,” said Pat Conn, head of United First, located in far southeast Georgia.

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