INSIDE INDIANA BUSINESS: Credit unions to merge

2010-10-25T16:00:00Z 2010-10-25T16:26:46Z INSIDE INDIANA BUSINESS: Credit unions to mergeBy Gerry Dick Inside Indiana Business
October 25, 2010 4:00 pm  • 

Purdue Employees Federal Credit Union says it will acquire LaPorte-based Members United Federal Credit Union through a merger effective Dec. 1. PEFCU also announced it will change its name to Purdue Federal Credit Union.


Universities, IEDC to launch business competition

Purdue University, the University of Notre Dame and the Indiana Economic Development Corp. are joining forces to offer the state's first nanotechnology business plan competition. The Nanotechnology New Ventures Competition will offer prizes totaling $57,000 to the top start-ups and emerging companies.


Hoosier companies look to fill worker gap

Ivy Tech Community College's vice provost for academic affairs says many employers are asking the college to help them deal with an anticipated shortage of skilled workers. Mary Ostrye says companies, including Alcoa Inc. and Subaru of Indiana Automotive Inc., are concerned about the age of their work force and want to know who is going to replace employees once they retire. Ostrye says Ivy Tech is regarded as the entity "that's going to make a difference."


Museum unveils top 10 toys for 2010

The Children's Museum of Indianapolis is out with its list of the top 10 toys this holiday season. Last week, children of all ages participated in the Kid-Tested, Kid-Approved Toy Test by secret ballot.


Lakeland financial third-quarter profit widens

Warsaw-based Lakeland Financial Corp. is reporting record net income of $6.5 million for the third quarter, compared to $5.3 million for the same period a year earlier. It is the fifth consecutive quarter the parent of Lake City Bank has posted record net income.


University to mark $70 million residential complex

Indiana University today will dedicate its first new residential complex on the Bloomington campus in more than 40 years. The $70 million Union Street Center houses 827 undergraduates in seven buildings.


Funding to help future scientists with disabilities

Purdue University has received a $2 million federal grant to help people with disabilities study science. The funding will support the creation of an Institute for Accessible Science at Purdue.


Appraisal company announces acquisition

Indianapolis-based StreetLinks National Appraisal Services LLC says it plans to purchase 51 percent of Corvisa LLC. The Milwaukee-headquartered firm provides mortgage and appraisal management software.

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