Western Bridge

• Corporate Fix Sites Launched

  By Robert McGarvey  |  January 9, 2012

  Shortly before year end, NCUA announced it had launched two new websites to increase transparency of the corporate resolution system.

• Catalyst Corporate Planning Western Bridge Town Halls

  By Marc Rapport  |  January 2, 2012

  Texas-based corporate says its aim is to ease transition to new corporate after winning right to buy remnants of WesCorp.

• The U.S. Central “Wind Down” - Why It Happened, What It Means

  By Robert McGarvey  |  December 23, 2011

  Corporates say they're ready; NAFCU's Becker says FOI request sent to NCUA to find out more.

• Catalyst Corporate Wins Bidding For Western Bridge

  By Robert McGarvey  |  December 18, 2011

  The email from the NCUA to current Western Bridge members summed it up. “The National Credit Union Administration Board awarded Catalyst Corporate Federal Credit Union (Catalyst) the exclusive right to acquire Western Bridge Corporate Federal Credit Union (Western Bridge).”

• Reg's Push for Volume Drives Corporate Consolidation

  By Robert McGarvey, Claude R. Marx  |  December 18, 2011

  And then there were 16. That is the current count of corporate credit unions, after a year where all the institutions faced an Oct. 20 NCUA deadline to qualify as “adequately capitalized” per the regulator’s calculus.

• Catalyst Wins Western Bridge Bidding

  By Robert McGarvey  |  December 14, 2011

  NCUA awards Texas-based corporate "exclusive right to acquire" remains of WesCorp.

• Western Bridge News Expected This Week

  By Robert McGarvey  |  December 11, 2011

  Despite an earlier indication from the NCUA that the regulator hoped to reach a decision about how best to dispose of the assets of conserved corporate Western Bridge in November, that month came and went with no announcements.

• No News Is the News About Western Bridge

  By Robert McGarvey  |  December 2, 2011

  November gone, sources say NCUA board meeting on Dec. 15 should include an announcement.

• NCUA Rethinks Corporate Too Big to Fail Policy

  By Robert McGarvey  |  November 20, 2011

  What a difference 10 months makes. That’s a prevailing thought in corporate credit union circles as executives digest the reports, unconfirmed by the NCUA, that two of the leading bidders for the failed Western Bridge corporate are Alloya (formerly Members United) and Catalyst (formerly Southwest Bridge plus Georgia Corporate). This...

• Murray Hopes More VACORP Members Join Mid-Atlantic

  By Robert McGarvey  |  November 16, 2011

  Reflections on the Mid-Atlantic - VACORP merger.