Reacting to swift-moving developments on the corporate sceneincluding the collapse of United Resources, the Northwest CreditUnion Association said Friday it has invited CEOs of leadingWestern corporates and other providers to its annual meeting Sept.20-21 to discuss service continuation.

|

The annual meeting at a Tacoma hotel with more than 700 CEOsfrom Oregon and Washington CUs in attendance will give CUs,particularly those looking for “alternative sources” a chance tomake new contacts with corporate leaders now peddling a variety ofsettlement, funding and processing services.

|

Among those invited and scheduled to speak are CEOs fromCatalyst, SunCorp and FirstCorp, said NWCUA in an emailednewsletter distributed this week. Representatives of thecorporations will also be manning booths during the meeting, which“will be the biggest of its kind” for the the newly minted NWCUA,combining the Washington and Oregon CU leagues.

|

Also on hand will be representatives of the Federal Home LoanBank of Seattle. The president of the Federal Reserve Bank of SanFrancisco was also invited but will not make it because “he hasother commitments,” said NWCUA. No commercial banks have beeninvited, said the NWCUA, even though a number have been active insoliciting new CU clients.

|

In its “Anthem” newsletter, the trade group cited remarks byvarious corporate CEOs on their financial status and their plannedappearance in Tacoma. “Catalyst, the new corporate credit unioncreated by the expected merger of Georgia Corporate Credit Unionand Southwest Bridge Corporate, will staff a booth at theConvention Trade Show. Catalyst CEO Diane Addington is makingarrangements to attend,” said the newsletter. “Phoenix-basedFirstCorp is already extending its services to other natural personcredit unions in the West, and CEO Pete Pritts confirmedrepresentatives will approach Northwest credit unionsspecifically.”

|

SunCorp of Denver said its CEO Tom Graham will lead a breakoutsession, said NWCUA.

|

It was unclear what two other trade groups, theCalifornia/Nevada Credit Union League and the new Mountain WestCredit Union Association might have planned along the same lines asNWCUA.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.