Thursday, June 25, 2020

Teachers CU Discusses Growth Plans

The CEO of Teachers Credit Union (South Bend, IN) outlined the credit union's expansion plans in MiBiz.com.

In the article, the CEO of Teachers Credit Union stated that the credit union was a Midwest powerhouse.

Indiana's largest credit union is looking to grow strategically into contiguous states of Ohio, Michigan, Kentucky, and possibly Illinois, as well as expanding its presence in Indiana.

The credit union wants to double its footprint over the next decade with between 33 percent to 40 percent of its business coming from Michigan.

The credit union will consider acquisitions, buying branches from other financial institutions, or new office development as potential vehicles to further its expansion plans into new markets.

Read the article.



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