Thank you for sharing!

Your article was successfully shared with the contacts you provided.

As the birth of a new corporate credit union model emerges, the CUSOs owned by the three corporates that were recently placed under the NCUA’s regulatory purview are reassuring their clients that service will remain in place for at least the next few years.

Constitution Corporate FCU, Members United Corporate FCU, and Southwest Corporate FCU were placed in conservatorship Sept. 24 by the NCUA. All were deemed undercapitalized, the agency said. The move makes way for the regulator’s final corporate credit union rule.

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
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.