A credit union marketing firm in Washington State is helping organize the first new CU in seven years to be located on one of Seattle's commuter islands in Puget Sound.
The proposed CU Vashon, to open next January and chartered by members of Blonde Ambition, the consulting firm on Vashon Island, would serve a population of 10,000 and provide "needed financial services" beyond offered by a group of three large out-of-state banks, officials said.
"We understand NCUA requires capital of $200,000-$300,000, and we first have to get the 500 feasibility names on the prospectus," said Amy Herbig, president of Blonde Ambition and former head of marketing at Group Health CU of Seattle.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
