Georgia Corporate FCU

• WesCorp Losses Far Outpace Other Corporates

  By Heather Anderson  |  May 20, 2013

  According to legacy asset loss estimates provided to Credit Union Times by the NCUA, investments made by Western Corporate FCU are generating far more losses than those that were made at other failed corporates.

• Catalyst 2012 Financials Reveal Strong Numbers After Two Acquisitions

  By Heather Anderson  |  April 12, 2013

  Texas-based corporate posts $14 million in profits, coverage ratio of 88%.

• Catalyst’s P&A

  By Heather Anderson  |  November 5, 2012

  The $3 billion Catalyst Corporate FCU announced Oct. 29 the completion of its purchase and assumption of the Phoenix-based First Corporate Credit Union, a so-called pass-through corporate that struggled to gain enough scale to replace services provided by U.S. Central FCU.

• Catalyst Announces P&A With FirstCorp Complete

  By Heather Anderson  |  October 29, 2012

  Forty two of the 48 former FirstCorp members elected to stick with Catalyst, a number the Plano, Texas-based corporate said exceeded the expectations.

• Mergers That Slash and Burn Are Denounced

  By Jim Rubenstein  |  July 17, 2011

  The head of one of Atlanta’s largest credit unions, Lin Hodges of the $1.1 billion Associated Credit Union, takes a dim view of “slash and burn” tactics when it comes to CU merging.