LANSING, Mich. – CASE CU said it is vacating four in-store Meijer branches at year-end after the credit union was replaced for the contract by Huntington Bank.
The $230 million credit union said it plans to relocate each of the four branches. Jeffrey Benson, CASE’s CEO, said in a statement that the move will allow the credit union to expand the size of its branches, including drive-up service.
Columbus, Ohio-based Huntington won a ten-year no-bid contract this spring to open branches in all Meijer Michigan stores. At least three other credit unions, including the Meijers employees credit union, also operate branches inside Meijers and are expected to vacate those branches when their leases expire.
Huntington is planning to open 21 branches in Michigan Meijer stores by year-end and plans be in all 80 Michigan Meijer store by 2016, following a similar strategy it has employed in Giant Eagle stores in Ohio.
CASE said its branches inside Meijer stores in Delta Township, East Lansing, Grand Ledge and Okemos will close by Jan. 1. An East Lansing branch inside the Meijer store will share space with Grand Rapids-based Option 1 CU starting next year.