Wisconsin Ends Decade-Long Drought ForNew CUs

MADISON, Wis. - (11/25/04) -- State regulators said they haveapproved two new credit union charters, the first in the statesince 1993, Susan Cowan, director of the state's Office of CUs,told The Credit Union Journal Wednesday. CTK CU, is sponsored byChrist The King Baptist Church in Milwaukee and will serve about565,000 residents of the church's outreach area. Two local creditunions, Educators CU and Guardian CU, will serve as mentors for thenew charter. Also granted a charter was Star CU in Madison, whichwill serve members of the city's boys and girls clubs and employeesof Summit CU and CUNA CU, which helped sponsor the new creditunion.