INDIANAPOLIS — FORUM Credit Union said it will work with memberswho are now unemployed following the shutdown of ATA Airlines morethan a week ago.
The airline filed for Chapter 11 bankruptcy protection on April2 but was forced to cease operations after an unexpectedcancellation of a key contract for ATA's military charter business,which made it possible for the airline to obtain additional capitalto sustain its operations or restructure the business, ATA said ina statement. Of its 2,230 employees, the carrier had 585 employeesat its Indianapolis headquarters.
Meanwhile, the $1.1 billion FORUM CU said it is preparing toassist members through its internal “Work Out” program, said LarryKunkel, chief operating officer.
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