Wednesday, April 16, 2014
Four-Year-Old Cease & Desist Order Lifted
ALEXANDRIA, Va. -- NCUA has released Rapid City Telco FCU from a cease and desist order originally issued Feb. 25, 2010.
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CHARLOTTESVILLE, Va. -- Banks are reducing their number of branches to increase efficiency and boost sluggish revenue growth, according to a new report from SNL Financial. more »
DOWNEY, Calif. -- Financial Partners Credit Union says its "smart" branch in nearby Orange, Calif., is working so well, it plans to open two more just like it. more »
MADISON, Wis. — Once again, rumors of the death of branches have been greatly exaggerated, according to a new study. more »
LANSING, Mich. – The Brighton Township Planning Commission on Monday night signed off on a site plan for Lake Trust CU’s new 100,000-square-foot office project, which would be one of the biggest credit union builds in the country. more »
SOUTH PORTLAND, Maine – Town and Country FCU is proposing to build a 40,399-square-foot office project in nearby Scarborough that would serve as office space for the credit union’s lending, accounting, collecting and marketing offices. more »
WEST JORDAN, Utah – Mountain America CU this week opened a new branch in Pocatello, its fifth in Idaho and 77th in its five Western states field of membership. more »
MECHANICSBURG, Penn. – Members 1st FCU is opening three more branches in Lancaster County, in Elizabethtown this month, Ephrata next month and Millersville in April. more »
ST. JOSEPH, Mich. – Fast-growing United FCU, one of a handful of credit unions to buy a bank in the past year, has renovated its 6,000-square-foot mortgage processing facility into a training center for staff. more »
LOUISVILLE, Ky. – Park Community FCU plans to break ground next week on its new headquarters, a two-story, 43,000-square-foot building. more »
FORT HOOD, Texas – Navy FCU opened a new branch, its sixth of the year, last week in Copperas Cove, near the Fort Hood Army Base, and plans to open more than six additional branches by year-end. more »
EL PASO, Texas – GECU introduced a new branching concept this week combining a credit union branch with a local tea and coffee café. more »
FARMINGDALE, N.Y. – Teachers FCU opened its 25th branch – and first in Nassau County – in Merrick, signaling a new marketing push for New York’s second-largest credit union. more »
FAIRBORN, Ohio – Wright-Patt CU has acquired the 137,000-square-foot former Computer Sciences Corp. building in nearby Beavercreek for $22.75 million and plans to relocate its headquarters there. more »
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