In an attempt to achieve economies of scale, the $2.2 billion Catalyst Corporate FCU and the $1.1 billion First Corporate CU announced on May 9 that the two have signed a nonbinding letter of intent to consolidate through a purchase and assumption transaction later this year.
Texas-based corporate plans to take over and consolidate Phoenix corporate on July 1.
Mobile banking is the latest offering from Catalyst Corporate Credit Union.
Feb. 22 event part of transition for Western Bridge members.
Texas-based corporate – formed from the recent merger of Southwest Bridge Corporate and Georgia Corporate – is working with Malauzai Software Inc. of Austin, Texas.