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Beehive CU Stepping Back From Charter Change

SALT LAKE CITY -- The $190 million Beehive Credit Union has apparently decided to remain a credit union after all.

By David Morrison | Updated on January 20, 2009

SALT LAKE CITY — The $190 million Beehive Credit Union has apparently decided to remain a credit union after all.

According to a Jan. 20 story in the Salt Lake Tribune, credit union CEO Scott Jorgensen cited “turmoil” in the economy and especially “the banking arena” as reasons the CU had decided a charter change now would not benefit the CU’s members.

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