New corporate expects to begin operating on Oct. 24.
Commitment from hundreds of small credit unions pushed new corporate over the top.
New corporate would be successor to Members United Bridge if NCUA approves.
The Aug. 31 deadline for capitalizing – a date self-imposed by multiple corporate credit unions – is here. Who’s left standing? Who is folding?
Motorola Employees CU CEO says he's confident Alloya will reach capital commitment goal by Aug. 31 deadline.
Corporate credit union universe now focused on Alloya, the new corporate attempting to rise out of Members United Bridge.
Members at two Illinois credit unions can now turn to their credit unions to shop online for vehicles.
Chair of corporate's chartering group says $53 million of $70 million committed so far.
Agency ruling says state association directors can't chair corporates.
Editor's Note: This is a corrected version of the article that was published in the June 8, 2011, edition of Credit Union Times.