WYANDOTTE, Mich. -- Wyandotte FCU, the $90 million credit union serving 110 area companies, is changing its name to Nu Path Community CU as it converts from a federal charter to a state charter encompassing three million people in Wayne, Monroe, Allegan, Ottawa and Kent counties, one of the biggest community charters ever granted in Michigan.
The new name was chosen to stand apart from other local credit unions and to illustrate its dedication to guiding members on a path to financial success, according to the credit union.
“We feel this is the best time to position ourselves for future growth and be able to serve more families, friends and neighbors in our communities who need a quality financial institution,” said Kathryn White, president of Wyandotte FCU.
The credit union, chartered in 1938 to serve employees of Michigan Alkali, will continue to serve its 110 select groups under a hybrid charter combining the aspects of community with multiple groups field of membership.
The new name and charter take effect Jan. 2.