Credit Union's Vehicle Business On Hold

Summary


Officials at the Evansville Teachers Federal Credit Union (ETFCU) expected to have a used vehicle business up and running by now on property near the intersection of Burkhardt Road and Morgan Avenue. However, the idea for the business must first be approved by the organization's regulator, the National Credit Union Administration.

Michael Phipps, the ETFCU president and chief executive officer, said the approval is still pending, and it's holding up the project.

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Extract


Credit Union's Vehicle Business On Hold

"When a credit union gets out of its original core of services, it takes time to get the...

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