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Wings Financial Shuts Down Accounts to Manage Growth

The $2.5 billion Wings Financial Credit Union said it has temporarily discontinued several deposit accounts to keep tabs on its growth.

By Michelle A. Samaad | Updated on February 22, 2010

The $2.5 billion Wings Financial Credit Union said it has temporarily discontinued several deposit accounts to keep tabs on its growth.

Effective Feb. 10, the Apple Valley, Minn.-based cooperative discontinued the opening of new certificates less than two years, its world class money market account and investment money market account. The discontinuation will continue until further notice, according to the CU. Wings Financial said members with the accounts can roll over maturing certificates at the same term and effective rate at the time but cannot add to their balance.

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