CO-OP Financial Services will continue getting payment settlement services from Catalyst Corporate Federal Credit Union and the two organizations said they plan to expand their relationship.
Big CUSO keeps settlement business with newly merged corporate that just won right to buy Western Bridge.
Feb. 22 event part of transition for Western Bridge members.
Catalyst Corporate Federal Credit Union has named 24 credit union professionals to serve as members of its newly formed Catalyst Councils.
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).”
If credit unions were looking for a lending panacea in 2011, it was nowhere to be found. It wasn’t for a lack of money to lend because many cooperatives were awash in funds, economists said over the course of the year.
NCUA awards Texas-based corporate "exclusive right to acquire" remains of WesCorp.
Fresh out of college a few years ago, Tyler Leonhardt accepted a position at Bank of America.