OSTHEMO, Mich. — Sometimes it pays to be far away from the bright lights and big city, as one credit union in Michigan has discovered.
Processing Content
"We are doing remarkably well," said Bruce Bero, a director at Consumers CU, in Oshtemo, Mich., which is far away from the state's embattled car manufacturing. The $310-million credit union reported 9% share growth for the first quarter.
Consumers, which serves several area colleges and the state's agricultural community, is opening a new branch and plans as many as two more branches to service its strong growth. "We have the confidence of people in the area," said Bero, who has served on the board of the one-time gas and electric credit union for 20 years.
