Texas-based corporate posts $14 million in profits, coverage ratio of 88%.
Executives from Washington state, Hawaii credit unions named directors by corporate.
The NCUA on Saturday said that Western Bridge Corporate Federal Credit Union has been formally liquidated.
Consolidation with Western Bridge Corporate complete.
Go big or go home. Those five words outline exactly what is happening with the proposed merger of $1.8 billion Warrenville, Ill.-based Alloya with $1.5 billion Southfield. Mich.-based CenCorp. It’s a marriage of corporate credit unions that, if approved by CenCorp members and regulators, will produce an entity with assets...
Proposed corporate merger would produce one of the nation's largest remaining corporate credit unions. Find out more in this preview from next week's print edition.
The 285 credit unions also will get two new seats on the corporate's board.
First there were 25 candidates for the CEO job at Plano, Texas-based Catalyst Corporate. That got whittled down to around eight people who were asked to assemble a strategic plan. Three or four then did in-person interviews with a committee of the board. And finally the winner was announced in...
Feb. 22 event part of transition for Western Bridge members.
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.