EAST LANSING, Mich. – Jo Anne Fillwock, who helped craft the state’s 2005 credit union reform bill, retired as president and CEO of Financial CU, after completing the merger of her credit union into Bell Com CU. Fillwock, who headed Financial Health CU for 20 years, played a key role in the rewrite of the state’s credit union statute as chairman of the Michigan CU League’s CU Act Modernization Task Force. She will continue to work part-time for a non-profit her credit union founded, The Empowerment Fund, that focuses on financial education and home ownership programs for low-income and disabled people. The newly formed credit union, known as Option 1 CU, has about $250 million in assets and about 32,000 members.
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