APPLE VALLEY, Minn. -- The Web site created by Wings FinancialFederal Credit Union during its merger campaign towards members ofContinental Federal Credit Union has recently been updated with anew invitation encouraging Continental Airline employees tojoin.

On the continentalwings.com site, the wording reads "ContinentalAirlines Employees Welcome at Wings! Become a member of WingsFinancial, now..." Visitors click on a link athttp://www.continentalwings.com/ASP/home.asp, which goes to asection where they can either find out if they are eligible to joinor finish an uncompleted application. Soon after, Wings Financialupdated the site again to read "Continental Airlines EmployeesWelcome at Wings! Despite the end of formal merger efforts withContinental Federal Credit Union, we continue to invite ContinentalAirlines employees to join Wings and receive the numerous benefitsmany of your co-workers are already enjoying."

"Our convenient online application process requires only minutesof your time," the site reads.

Wings Financial launched the continentalwings.com Web site onMarch 9, the same day it sent a merger proposal to $182 millionContinental FCU, which subsequently turned down the proposal. Whatfollowed was a nearly month-long campaign wooing Continentalmembers with inducements such as $200 payments should a merger gothrough. NCUA's ruling that the payments were impermissible underthe Federal Credit Union Act put a stop to Wings Financial'scampaign.

Wings Financial has not responded to questions about the site'slatest update.

Tom Glatt, president/CEO of Continental FCU, is not fazed by thelatest update on the site. Glatt said Continental FCU has movedon.

"We continue to work our strategic plan and build and improvenot only member relations on a one-to-one basis, but also sponsorrelations with both Continental Airlines and US Airways," Glattsaid.

Over the last 60 days, Continental FCU has opened a new branchin Houston, dedicated two new ATMs at Chelsea Foods, a division ofContinental Airlines, rolled out several new products andimplemented a new pricing scheme--"All these were completions ofinitiatives that were started prior to the Wings unwarrantedhostile takeover attempt,"

Glatt reiterated.

"Wings Financial is obviously free to market to potentialmembers as they see fit, and while we certainly respect WingsFinancial as a competitor, we don't fear them," Glatt said.

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