Single Sponsor's Wide Reach Keeps CU Growing Along

Birch, Ray
June 2011
Credit Union Journal;6/20/2011, Vol. 15 Issue 23, p22
Trade Publication
The article offers information regarding the Muskegon Co-operative Federal Credit Union's (MCFCU) growth and increase in assets ranging from 20 million dollars in 2003 to 22 million dollars in 2011 due to its single sponsor's wide reach.


Related Articles

  • US Federal Credit Union Tops $1 Billion In Assets. Bartlett, Michael // Cujournal.com;4/22/2015, p4 

    The article reports that US Federal Credit Union, a full-service financial institution from Minnesota, has reached an asset of more than one billion dollars in 2015.

  • What Credit Unions Need and What They Don't Need. Cooke, Sarah Snell // Credit Union Times;10/6/2010, Vol. 21 Issue 38, p4 

    The author reflects on the issue of conservatorship of corporates, new regulations and legacy assets plan of the U.S. National Credit Union Administration to credit unions. She points out the comments of executives from various corporates including Ann South of Novartis Federal Credit Union, Jon...

  • Credit Unions.  // Inside Tucson Business;12/20/2004, Vol. 14 Issue 27, Special Section p13 

    The article focuses on rankings of different credit unions for 2003-2004. DM Federal Credit Union ranks first with total assets of $750 million. Hughes Federal Credit Union ranks second with total assets of $354 million. All persons who live, work, worship or attend school in Tucson, businesses...

  • Credit Unions Are Ramping Up Their Mortgage Lending Business. Sichelman, Lew // National Mortgage News;8/24/2015, Vol. 39 Issue 38, p1 

    The article reports on the emerging mortgage lending business of credit unions in the U.S. Topics discussed include Virginia-based Pentagon Federal Credit Union that reported generation of 1.7 billion U.S dollars in first and second mortgages during the first five month of 2015, Michigan-based...

  • Column A Reminder Of Our Story. Wall, Kim // Credit Union Journal;1/26/2009, Vol. 13 Issue 4, p8 

    The article focuses on Georgia Federal Credit Union (GFCU), a credit union that started with $35 in deposits and already have $500 million in assets. The author elaborates that GFCU, like many of its credit union peers, strives to evolve constantly and ensure that its products, delivery systems...

  • NJBIZ Lists. MACK, DANIELLE // njbiz;11/24/2014, Vol. 27 Issue 47, p17 

    A table is presented that lists the top credit unions in New Jersey in terms of total assets as of June 2014, including Affinity Federal Credit Union, Merck Employees Federal Credit Union, and Proponent Federal Credit Union.

  • Alaska USA Expands Into Calif. With P&A Of Troubled HDFCU. Bartlett, Michael // Credit Union Journal;7/13/2009, Vol. 13 Issue 28, p4 

    The article reports on the assessment provided by the Alaska USA Federal Credit Union (FCU) to the troubled High Desert Federal Credit Union in Apple Valley, California. It notes that Alaska USA FCU has assumed the operation of the credit union's troubled assets that has been decreasing to $102...

  • STATE STAT-SHOT.  // Credit Union Journal;6/25/2007, Vol. 11 Issue 25, p3 

    The article presents statistics on credit unions (CUs) in Arkansas. There are 69 credit unions operating in the state. The total assets of CUs are $1,623,730,000. There are 286,903 members of CUs in the state. The largest CU is the Arkansas Federal Credit Union (FCU) with a total assets of $476...

  • Debit Card Fuels Growth At Jack Daniels. Birch, Ray // Credit Union Journal;6/8/2009, Vol. 13 Issue 23, p4 

    The article reports on the significance of adding a debit card to Jack Daniels Employees Federal Credit Union (JDEFCU) in Lynchburg, Tennessee. It states that the debit card has helped one $13-million credit union (CU) grow by $2 million is assets. Pam Case of Jack Daniels infers that debit card...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics