Corporates announce signing of merger agreement, preparations for submitting application to the NCUA.
CEOs in 10-minute sitdown explain reasons for consolidation.
I recently started in my fourth decade in the credit union movement (20 years at natural person credit unions and 13 years at Corporate One FCU). During that time, I've seen my share of regulation changes, legislative mandates and economic cycles. And there have always been those who have predicted...
Corporate One CEO Lee Butke takes a look at what corporates will look like going forward.
“We see this merger as a model for the future of strong, viable corporate credit unions,” said Brad Miller, CEO of Tallahassee, Fla.-based Southeast Corporate, in announcing the decision of his corporate to pursue a merger with Columbus, Ohio, based Corporate One.
Southeast Corporate FCU announced Tuesday it has signed a letter of intent to merge with Corporate One.
Ohio-based corporate offers CIF program support with no obligation to join.
Ohio-based corporate pledges $604,533 as deadline arrives for commitments.
TDECU cites Ohio corporate's pricing, risk mitigation and "they protect their members."
Editor's Note: This is a corrected version of the article that was published in the June 8, 2011, edition of Credit Union Times.