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Article: Credit Union League moves to Livonia, expands in Lansing.(NEWS)
- Article from:
- Crain's Detroit Business
- Article date:
- January 5, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: CHAD HALCOM
To reduce costs without job cuts, the Michigan Credit Union League has sold its headquarters building in Plymouth to rent a smaller space in neighboring Livonia, its CEO confirmed. At the same time, it expanded in Lansing.
David Adams, president and CEO of the credit union league, said the organization's 110 employees all remain employed after the sale of its 54,474-square-foot office building in Plymouth to Detroit Edison Credit Union, though some employees will telecommute.
DECU has arranged for the league to take over the remaining two years of its lease on 15,000 square feet in Livonia.
Terms of the sale were ...