By Christian Mullins
Executive Summary:
US Alliance CU in Denver, Colorado, will merge into Ent FCU effective May 31. The merger, viewed as a positive for both institutions, will increase Ent’s presence in Colorado’s largest city while giving US Alliance members greater security after weathering a 13% delinquency rate and posting a $7.7 million loss in 2007. In joining Colorado’s largest credit union ($2.4 bn in assets), all 35 US Alliance ($56 million in assets) employees have been offered employment following the merger.
Robbed:
- Nothing to report today.
Arrested, Arraigned, Charged, or Sentenced:
- Nothing to report today.
Posted by Christian Mullins 