Ask corporate credit union senior executives what keeps them up at night and for many, it’s whether they can grow their business.
Corporates veteran had been Catalyst executive vice president; succeeds retiring Dianne Addington.
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).”
And then there were 16. That is the current count of corporate credit unions, after a year where all the institutions faced an Oct. 20 NCUA deadline to qualify as “adequately capitalized” per the regulator’s calculus.
NCUA awards Texas-based corporate "exclusive right to acquire" remains of WesCorp.
Merged Southwest Bridge-Georgia Corporate now operating as Texas-based Catalyst with 882 credit union members.