They are feeling good up in Muskego, Wis.–so good that Corporate Central Credit Union just put out a financials-laden press release trumpeting that it is in "great shape."
But the real story just may be the back story, the quotations that did not make the release. "We are well past the fight for survival–what we are about now is growth," said Chris Felton, senior vice president, member relations at Corporate Central Credit Union. "We added 40 full new members in recent months. By every yardstick, we are growing."
Felton added that Corporate Central's books are solidly black: "We have $21 million in retained earnings and another $55 million in paid in capital, as of November 30. "
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