FORT McPHERSON, Ga. — When word came that Fort McPherson, a former training ground for troops during the Civil War would close for good after serving as a 173-year old military fixture in Georgia, the rumblings began.
On May 13, 2005, the Department of Defense recommended that the base installation, along with another 181 nationwide close or face realignment under the suggestion of the Base and Realignment and Closure Commission. By doing so, the commission said $35.6 billion would be saved over the next 20 years.
Members were understandably concerned about the future of $24 million FMC Credit Union, which was founded by civilian employees on July 23, 1948. Fort McPherson, the military installation, is scheduled to close in 2011.Would the credit union close too? What would become of their accounts? These were the two main queries, said Klaus Halm, chairman of the credit union. Even before hearing about the closure notice, Halm said plans were in place to expand to other fields of membership.
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