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Eastern Financial Mum About Progress

Not releasing any specific details on where things currently stand, Eastern Financial Florida Credit Union would only say it is working quickly to rectify its problems.

By Michelle A. Samaad | Updated on April 06, 2009

Not releasing any specific details on where things currently stand, Eastern Financial Florida Credit Union would only say it is working quickly to rectify its problems.

In an April 7 e-mailed statement to Credit Union Times, the Miramar, Fla.-based CU wrote “The State of Florida Office of Financial Regulation is working closely with Eastern Financial Florida Credit Union on a roadmap to address the issues facing us and so many other financial institutions. We are addressing the concerns quickly and fixing them so we can come out of this recession sooner than other financial institutions. We are very proud of the work that our staff has already done to mitigate the impact of the depressed Florida and United States economy.”

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