The $2.5 billion Georgia Corporate Federal Credit Union wasted no time Friday in spelling out 2010 details and the timetable for its proposed merger of Texas-based Southwest Bridge Corporate FCU.
The $2.3 billion Georgia Central Credit Union, the state's corporate engaged in active merger talks on the NCUA-conserved Southwest Bridge Corporate FCU, has become a federal charter, its president/CEO, Greg Moore, confirmed Tuesday.
The CEO of an $80 million El Paso credit union and a director of the Texas Credit Union League appealed Friday for greater industry calm and thought before "deserting the corporate model" and switching to the Federal Reserve.
The head of Randolph-Brooks Federal Credit Union in Texas said Saturday's CUNA Corporate Summit in Chicago will be a pivotal conclave where key decisions on the future of corporate services and structure might be made.
The impending takeover of the ailing Norbel Credit Union in Colorado by a Texas CU triggered a shakeup Tuesday in an advisory governing council of the National Association of State Credit Union Supervisors.