Shoring up its balance sheet with $80 million in CU capital, Southeast Corporate Federal Credit Union disclosed to members Wednesday afternoon it is now ready to enlarge its industry role.
After months of speculation, the NCUA revealed on Sept. 24 a "good bank, bad bank" plan to deal with corporate legacy assets.
Southeast Corporate FCU will implement a single user ID and password sign-on to access the $3 billion corporate's Web-based applications. Southeast Corp will
As the fall campaign season kicks into high gear, CUNA's political action committee has $1 million in its coffers for upcoming political activities.
LAS VEGAS -- Can corporates promise members they won't again leverage risk to chase yield and avoid a fourth systemic crisis?
Brad Miller stepped down from his position as executive director of the Association of Corporate Credit Unions in February to take over as president/CEO of the $3.3 billion Southeast Corporate Federal Credit Union.
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Southeast Corporate Federal Credit Union is among the lucky wholesale credit unions that don't face an immediate need to recapitalize.
NCUA officials have repeatedly said they want credit unions to determine the future structure of the corporate system.
The Association of Corporate Credit Unions will survive, said Chairman Steve Roy today.