The $9 billion Members United Corporate FCU announced in a letter to members Sept. 17 it would deliver pink slips to 27 employees, most of whom will leave the organization during the next 30 days.

President/CEO Joe Herbst said Members United would also close its Indianapolis location.

"This is not a change in our commitment to our relationships or member service in this important market," Herbst wrote about the Indiana office. "Rather, by taking advantage of improved telephone and computer technology our local staff will be able to work seamlessly out of home offices."

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