There may be only four or five corporate credit unions within 10 years. There isn’t that much business out there. "The small won’t survive,” predicted John Fiore, CEO of Motorola Employees Credit Union and a key figure in the recapitalizing of Members United as Alloya. “Within a couple years we...
The NCUA said Friday it will hold a meeting of potential bidders for U.S. Central Bridge Corporate on Oct. 3, probably in the Kansas City, Mo., area.
Next step may be to bring in vendors.
The Aug. 31 deadline for capitalizing – a date self-imposed by multiple corporate credit unions – is here. Who’s left standing? Who is folding?