After seven months in operation, Chippewa Eagle Federal Credit Union in Mount Pleasant, Mich., has reached the $2 million mark and is nearing a thousand members, the credit union and its core processor said.
The credit union was chartered last year to serve members and employees of the Saginaw Chippewa Indian Tribe, with a potential membership of about 7,800.
The new CU expects to cross the 1,000-member mark by the end of the year and said its performance so far has exceeded its original growth expectations from the NCUA.
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