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Missouri Highway Department Cuts Ties to 10 CUs

In a move apparently traced to the state's budget shortfall, the Missouri Highways and Transportation Commission voted this week to sever ties and fire employees at 10 small credit unions located in district offices across the state.

By Jim Rubenstein | Updated on March 10, 2010

In a move apparently traced to the state’s budget shortfall, the Missouri Highways and Transportation Commission voted this week to sever ties and fire employees at 10 small credit unions located in district offices across the state.

The Missouri Credit Union Association, which has been fencing with state agencies and the governor’s office to block the action since January, called the MODOT decision on Wednesday unfair and puzzling considering salaries and expenses of the 27 impacted employees are paid by the CUs and reimbursed to the state.

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