CU taking over U.S. Bank branch in Minneapolis airport

Wings Financial Credit Union, Apple Valley, Minn., will take over the U.S. Bank branch location in the Minneapolis-St. Paul International Airport..U.S. Bank opted to close the branch, in Terminal 1, at the end of its lease on April 30 due to operational costs. It has lost millions on its 17 ATMs in the airport, according to the Minneapolis-St. Paul Business Journal..Under terms negotiated with Wings, the credit union will pay the same monthly rent of $68.22 per square foot, as well as a percentage of the $3 surcharge on out-of-network ATM fees. The 18-month lease would start May 1. In 2018, the branch space will be eliminated as part of airport renovations..The $4 billion Wings already has three ATMs in the airport and will add a fourth..Airport staff also reached out to Bank of America, Wells Fargo, and TCF Bank to gauge interest in the space, but they either indicated that they weren't interested or didn't respond.