The NCUA reported March 28 that following a twice-annual review, the highest estimated amount credit unions have yet to pay in corporate assessments has declined by $900 million.
Illinois-based Alloya to maintain suburban Detroit office of CenCorp after merger closes on April 30.
North Carolina corporate plans strategies conference for Virginia credit unions.
Consolidation would create nearly $3 billion corporate credit union.
The Lenexa, Kan.-based CNP provides core processing services used for cash management by more than 2,000 credit unions.
New CEO of new corporate credit union cites challenges, commitments, progress.
The $1.4 billion Alloya Corporate FCU’s 2012 net income of nearly $6 million is about twice what the Warrenville, Ill.-based institution budgeted.
Ohio-based corporate credit union notches $4.35 million net profit in 2012; financials helped along by $15 million in NCUA merger assistance.
Texas-based corporate offers to connect credit union buyers and sellers in loan pools.
Eyeing retirement, Virginia Williams at Jersey Shore FCU makes way for Alison DeTuncq of University of Virginia Community CU.