Volunteer Corporate Credit Union has announced its intent to explore a merger with West Virginia Corporate Federal Credit Union, VolCorp spokesperson Sandy Swofford disclosed.
GrooveCar Inc., Hauppauge, N.Y., named Domenick Pupo director of business development. Pupo holds more than 20 years experience in the retail
Despite recommendations by CUNA and others that call for significant corporate consolidation, three executives of small corporates said they are not in merger discussions and are unlikely to merge.
Larry Eisenhauer, president/CEO of the $340 million Kansas Corporate CU, said his members want the corporate to "remain a separate entity."
Despite calls for corporate consolidation, small corporate executives told Credit Union Times they are not in merger discussions nor are they likely to merge.
After releasing November financial statements, in which many corporate credit unions wrote off 100% of their U.S. Central capital investments,