PLANO, Texas – Southwest Corporate Federal Credit Union has topped $10 billion in assets, a new record. The record was spurred in part by the success of its certificate specials. In the first quarter alone the corporate offered special certificates that attracted $286 million. Last year, it structured more than 100 special certificates, attracting nearly $900 million. Southwest serves 1,200 credit unions. It is poised to get a lot bigger with its recent announcement of a merger with $4 billion Southeast Corporate. Southeast Corporate CEO Bill Birdwell will be named CEO of the newly-merged corporate if the deal goes through.

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

  • Critical 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 and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.