Wisconsin looks to end the year with still more shrinkage of small credit unions, primarily because of management succession issues and the difficulty in keeping up with product and service technology.
That was the opinion Friday of the state's top regulator, Ginger Larson, who said the trendline on disappearing CUs shows a definite increase but that she did not find it alarming.
There are currently 211 CUs in the state, down from 260 in 2007, she said. Only two are federal credit unions.
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? Sign In
© 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.
