Stay Informed with CUTimes

Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!

From the June-27, 2007 issue of Credit Union Times Magazine • Subscribe!

Corporate Credit Unions Continue to Decline

SHREWSBURY, N.J. -- It's no surprise to anyone following corporate credit unions that there are fewer of them every year.

The trend isn't slowing. There are currently four mergers in play: WesCorp/VolCorp, WesCorp/SunCorp, Southwest/Northwest and Members United/Central CU Fund. The number of corporates has dropped from 42 in 1990 to 29 today, with the potential for four more to be merged away if those deals go through.

Comments

More News

Resource Center

View All »

Measure and Monitor the Risks and Opportunities in Loan Portfolios

Get a complimentary demo of our loan portfolio analytics and access to the white paper,...

CUT Daily eNews

Credit Union Times delivers breaking news and information you need to make the right decision for your organization - FREE. Sign up now!

Career Listings
Recent Career Listings
Browse Career Listings

Advertisement. Closing in 15 seconds.