Thrivent Financial Bank Still On Track To Become Credit Union

Wisconsin’s Thrivent Financial Bank, a $543 million thrift, remains primed to convert to a credit union, perhaps this year, the parent corporation said Wednesday.

The Appleton bank, part of a Minneapolis insurance and investment conglomerate serving Lutherans in the Upper Midwest, has said it wants to switch to a credit union to free itself of strict insurance regulations under Dodd-Frank.