The Western states' corporate realignment task force, lead by the California and Nevada Credit Union Leagues, has agreed upon three needs: a credit union system solution, aggregation and a universal solution for credit unions of all sizes.
In an Oct. 5 letter, league interim President/CEO Dave Chatfield said the task force will work toward solutions that reflect those needs.
When speaking about finding a solution within the credit union system, Chatfield wrote, "Credit union leaders have not forgotten, and hope not to repeat, the disruption that occurred for dozens of credit unions when Bank of America acquired Security Pacific Bank and Security Pacific's profitable credit union service division was dissolved."
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? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
