Southeast Corporate told CU Times that it didn't reach its $80 million capitalization goal. The corporate will seek a merger partner.
CEO Brad Miller says $80 million goal not reached, thanks "the many members who supported our efforts."
Credit Union of Georgia, Woodstock, Ga., sponsored the Kennesaw State University National Collegiate Golf Championship at The Golf Club at Bradshaw Farm last month.
After months of speculation, the NCUA revealed on Sept. 24 a "good bank, bad bank" plan to deal with corporate legacy assets.