Dakota CU Leagues To Combine
BISMARK, N.D. - (01/04/06) -- The North Dakota and South Dakotacredit union leagues will consolidate to form the Mid America CULeague as soon as a new CEO is hired. Tim Brown, president ofDakota Plains CU in Edgeley, N.D., and chairman of the North Dakotaleague said of the long-discussed merger, "It appears to bothstates that it's the right time. We have shared educationalproducts and publications for a number of years and we're similarin size and needs.'' Added Floyd Rummel, president of DakotaTerritory Federal Credit Union in Deadwood, S.D, and chairman ofthe SD CU League, said "We just feel that with the decreasingnumber of credit unions in both states, to have decent economies ofscale it makes sense for the two leagues toconsolidate.''