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Michigan Governor Jennifer Granholm, herself a member of DFCU, urged the membership to carefully review the credit union's disclosures. [9] DFCU spent $1.2 million in its efforts to convince its membership to vote for the conversion and refused to release minutes from meetings of the Board of Directors to the membership.
In 1975, the TYME network was created by an agreement among First Wisconsin National Bank, Marshall & Ilsley, Marine Bank of Milwaukee, and Midland National Bank. [ 1 ] In 2002, the TYME network merged with the Pulse network, [ 4 ] [ 5 ] [ 6 ] taking the Pulse brand name in 2004 and retiring the old TYME identity.
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Genisys Credit Union is a credit union based in Auburn Hills, Michigan. [2] Genisys Credit Union is the 5th largest credit union in Michigan with over 210,000 members and assets of 2.6 billion as of October 31, 2018. [3] They operate 28 branch locations in Michigan, 3 in Minnesota and 1 in Pennsylvania.
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The bank traces its roots to First National Bank of Ionia, which was founded in 1864. In 1896, relinquished its national charter and obtained a state charter, reorganized as State Savings Bank of Ionia. in 1952, changed name to First Security Band. In 1974, Independent Bank Corporation was established as the bank holding company. [3]
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