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WEST PALM BEACH, Fla. – Missouri Corporate CU President/CEO Dennis DeGroodt is worried about Midwest corporates losing their voice. DeGroodt proposed that eight Midwest Corporates (some however don’t look like they’re from the Midwest when looking at a map) merge and form one large Midwest regional corporate. The eight corporates DeGroodt targeted were Kansas Corporate CU, Nebraska Corporate Central FCU, Iowa League Corporate Central CU, Minnesota Corporate FCU, Midwest Corporate FCU and Treasure State Corporate CU. The concept was made public shortly after the SunCorp/Nebraska Corporate Central merger was announced. Nebraska was just an example of another Midwest corporate being acquired by a corporate from outside the Midwest, said DeGroodt. This apparently is not a new concept. A few years back a group of Midwest corporates had a study done on the feasibility of creating a Midwest regional corporate, and leaders from those corporates said it was too costly and did not provide enough return on investment fast enough. Nebraska Corporate President/CEO Mike Keim for one said his corporate would get more new products and better rates faster through merging with SunCorp than endeavoring on the regional effort. According to DeGroodt the concept is still alive and there have been a few meetings between corporate leaders, though progress right now is hush hush. [email protected]

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