A new Day for CU Giant

ROCHESTER, Minn. – Members and employees of the state’s second largest credit union will be thinking mutual savings bank Monday morning when Think FCU begins its first day of business as a savings and loan. The $1.3 billion credit union, to be known as Think Federal, is one of two credit union converts changing charters Monday. The other is Sunshine State CU, a $170 million institution in Tallahassee, Fla. At least four other credit unions are in the process of converting to mutual savings banks: First Priority CU and Community CU, both in Massachusetts; Beehive CU, in Utah, and First Basin CU, in Texas.

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