The $153 million Kentucky Corporate Federal Credit Union has completed its merger into the Volunteer Corporate Credit Union, according to a VolCorp statement.
Surviving corporate VolCorp will maintain Kentucky Corporate's headquarters presence.
Tennessee corporate to take in Kentucky counterpart, second merger in two years for VolCorp.
Volunteer Corporate Credit Union has announced that its members, at a special Nov. 22 meeting, overwhelmingly approved the proposed merger with West Virginia Corporate FCU.
Volunteer Corporate Credit Union today announced its board of directors had unanimously voted to participate in NCUA’s Voluntary Prepayment of Corporate Stabilization Fund Assessments Program.
It's becoming increasingly clear that the corporate network, which has served the industry well in a particular manner, is breaking up, with each corporate going its own way, the head of the $1.5 billion Volunteer Corporate Credit Union maintains.
After releasing November financial statements, in which many corporate credit unions wrote off 100% of their U.S. Central capital investments,