
Let's start by asking where the logic would be for a financial institution to refuse to honor a check written on that same institution, written and signed by a customer of that same institution,...
(1)
Torch Lake Federal Credit Union, located in Lake Linden, MI, is dedicated to serving its members through a variety of financial products including savings accounts, checking accounts, and various loan options. Recently, the credit union announced its intent to merge with Peninsula Federal Credit Union, a decision supported by the boards of both organizations to enhance member services and community impact.
The merger, expected to be finalized by July 31, 2025, aims to create a unified organization operating under the Peninsula Federal Credit Union name while honoring the histories of both institutions. Members will see no immediate changes as the two credit unions will continue to operate independently until the integration of systems and processes is complete.
Generated from the website
Let's start by asking where the logic would be for a financial institution to refuse to honor a check written on that same institution, written and signed by a customer of that same institution,...