Kern Schools FCU announced has chosen Alloya Corporate FCU to be its new corporate.
California credit union had been with Western Bridge.
The 285 credit unions also will get two new seats on the corporate's board.
First there were 25 candidates for the CEO job at Plano, Texas-based Catalyst Corporate. That got whittled down to around eight people who were asked to assemble a strategic plan. Three or four then did in-person interviews with a committee of the board. And finally the winner was announced in...
Catalyst Corporate has announced a lockbox service that aims to provide credit unions with a secure and affordable method for processing a range of payments.
Feb. 22 event part of transition for Western Bridge members.
Western Bridge members are being invited to a series of town hall meetings that Catalyst Corporate Federal Credit Union is planning in January and February.
Texas-based corporate says its aim is to ease transition to new corporate after winning right to buy remnants of WesCorp.
The email from the NCUA to current Western Bridge members summed it up. “The National Credit Union Administration Board awarded Catalyst Corporate Federal Credit Union (Catalyst) the exclusive right to acquire Western Bridge Corporate Federal Credit Union (Western Bridge).”
NCUA awards Texas-based corporate "exclusive right to acquire" remains of WesCorp.