To hear the lament of the Missouri Credit Union Association, it was a "bolt out of the blue" when the state highway agency last week notified 10 small credit unions that they must vacate their offices by Sept. 30. The agency also ordered that 27 state employees who double as CU staffers be cut from the payroll.

"We were absolutely blindsided by this action, which we maintain is unconscionable," said Rosie Holub, president/CEO of MCUA.

Negotiations to forestall the closings as ordered on March 10 by the six-member Missouri Highways and Transportation Commission continued last week with chances good that any actual shuttering would be delayed for two years.

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