Credit Union Management

Council adopts resolution but move would take state legislative action.

The $920 million Metro Credit Union of Chelsea, Mass., said it has now completed a merger of the $30 million Secure CU of Melrose.

The $920 million Metro Credit Union of Chelsea, Mass., said it has now completed a merger of the $30 million Secure CU of Melrose.

Stung by writedowns in its real estate portfolio and the slowdown in home lending, the $419 million Air Academy Federal Credit Union of Colorado Springs confirmed Tuesday it laid off 19 employees last week and has closed several branches.

Latest numbers show 59% of credit union members believe the economy is worsening and more than 53% now believe their personal finances have worsened.

Latest numbers show 59% of credit union members believe the economy is worsening and more than 53% now believe their personal finances have worsened.