X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

OMAHA, Nebraska – Let the public discussion begin about the proposed Nebraska Corporate Central FCU/SunCorp Corporate CU merger. At press time, the first of three town hall style meetings was being held in North Platte, Nebraska. Both Nebraska Corporate Central FCU President/CEO Mike Keim and SunCorp Corporate CU President/CEO Eric Kenealy will be present to discuss the proposed merger, and answer any questions. Keim said so far he’s not heard one negative comment about the merger, and he’d be surprised if the vote wasn’t unanimous in favor of the merger. “Our board already considered a regional corporate. The study cost thousands of dollars and spanned six months. That type of structure was just not in best interest of Nebraska credit unions. By the time you put together the infrastructure and management, it would be years before our members saw any return,” he said. Keim is referring to a study conducted by five Midwest corporates. He said the problem is that since they all signed confidentiality agreements not many Nebraska CUs know about it. He said that’s going to change. He plans on sharing that information at the town hall meetings, and without getting too specific letting them know the board decided that based on the study it didn’t make sense. There will be two more town hall meetings on Friday June 28, one in Lincoln and one in Omaha.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.