Credit union: Business strong in wake of takeover

(Tooele Transcript Bulletin) The fire sale of Tooele County’s largest credit union appears to be helping, rather than hurting, the company’s business initially.

In the three weeks since HeritageWest Credit Union was bought by Virginia-based Chartway Credit Union on Dec. 31, HeritageWest has added 52 new members while only three members have closed accounts, according to Ronald Burniske, president and CEO of Chartway.

“That number of new accounts actually represents business as usual for us at HeritageWest,” said Bruce Bryan, former CEO of HeritageWest and now regional president of operations for HeritageWest. “I think it shows that after the change people still have confidence in us.”

Original Article