The three corporate credit unions placed into conservatorship Sept. 24 bring the total of seized corporates to five. Operations will continue at all five corporates.
As the birth of a new corporate credit union model emerges, the CUSOs owned by the three corporates that were recently placed
The industry dilemma had both a Texas and Midwest spotlight last week with separate webinars featuring calls for caution and unity during the "transition."
The CUSOs owned by the three corporate credit unions placed in conservatorship Sept. 24 remain open for business today.
Retired Genisys Credit Union President/CEO Dianne Addington has been named interim CEO at the seized $7.5 billion Southwest Corporate FCU.
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