Managers shuffled, staff reduced, balance sheet revamped and new fee structure coming for Alabama-based corporate.
Nearly all FirstCorp members voted to approve the deal Aug. 17 in the Phoenix corporate’s headquarters, the organization said.
Extension to June 29 in bid to raise $75 million ahead of merger with Corporate One.
Thursday was deadline for corporate members to contribute capital in advance of planned merger with Corporate One.
Louisiana Corporate boosts capital while preparing payments exit from U.S. Central and awaiting merger with Corporate America.
Texas-based corporate plans to take over and consolidate Phoenix corporate on July 1.
The 285 credit unions also will get two new seats on the corporate's board.
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.
Merging corporates complete series of town hall meetings, planning virtual session next week.