Credit Union to build at site of vacant furniture store (The Bay City Times) (Credit Unions)

Credit Union to build at site of vacant furniture store (The Bay City Times)
It’s not every day a small town gets a new 4,500-square-foot financial institution, designed by big-city architects. But the LaMacchia Group of Milwaukee plans just that for M-13 in Pinconning, where a new United Bay Community Credit Union will arise on the site of a vacant discount-furniture store.
Federal Insurer Takes Over Troubled Credit Union (The Daily Californian)
A local credit union in financial straits was placed under the control of its federal insurer last week, leading to the dismissal of its CEO and board of directors, among them a UC Berkeley professor.
Study: Credit union’s loss mounted fast (Inside Bay Area)
The red ink that has drenched the balance sheet at Cal State 9 credit union, which was taken over by state regulators last week, increased five-fold in the last three months, a fresh indicator of the
Bay Gulf, Eastern Financial credit unions launch business services (BizJournals)
Some are ready, others are testing the waters, but most Tampa Bay area credit unions are at least thinking about offering services to small businesses.


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