X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

TOPEKA, Kan. — Kansas credit unions were wasting no time Monday in issuing safety/soundness messages to their members and reminding them of CU financial strengths following the weekend failure of a $752 million Topeka bank.

In a letter posted on its Web site, Gavin A. Wittman, president of the $113 million Educational CU of Topeka, wrote that “with the news of Columbian Bank closing, it is natural for there to be questions about your investments with other banks and more specifically with ECU. I want you to feel 100% comfortable that Educational Credit Union is not only healthy and growing, but is actually enjoying one of its strongest years of performance.”

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?

 

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
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.