League invites corporates, other providers to Sept. 20-21 meeting.
The Aug. 31 deadline for capitalizing – a date self-imposed by multiple corporate credit unions – is here. Who’s left standing? Who is folding?
It is countdown to an Aug. 31 deadline for United Resources, the new corporate that may rise out of Western Bridge, but there are plenty of signs that credit unions are looking for alternatives as the evidence mounts that the capital goal will not be reached.
Phoenix-based corporate says "sand states" CUs helped push it past the NCUA-mandated 4% minimum capital mark.