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WesCorp finds Hawaii tough and loyal.(Brief Article)
As the nation's largest corporate credit union WesCorp has been doing business in Hawaii for more than three years but is still finding Hawaii a tough nut to crack.
Despite huge inroads it has been making on the mainland -- with double-digit increases pushing its profits of $657 million in 1999 to $747 million in 2000 -- WesCorp has less than half of the state's credit unions as members. Pacific Corporate FCU, on the other hand, has virtually all of them.
Corporate credit unions are the credit unions' credit union, with a primary objective to provide financial services such as draft accounts, ATM access, overnight deposits and checking and credit card …
