Despite calls for corporate consolidation, small corporate executives told Credit Union Times they are not in merger discussions nor are they likely to merge.

Dennis DeGroot, president/CEO of the $864 million Missouri Corporate CU, said his cooperative will need to raise some new capital, and is still considering its options. However, a merger is not among them.

"I feel strongly that we can survive," he said.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, 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.