Which way to the exits?

That is the question high up in the minds of western state credit union executives as they face two realities. Western Bridge had decisively failed to recapitalize.

Even ardent former supporters concede that the likelihood of a renewed capital drive from the San Dimas, Calif., corporate is slim. And the NCUA has made it plain it intends to close down Western Bridge, which currently serves almost 900 credit unions.

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.