The $2.3 billion Georgia Central Credit Union may be the front runner to take over the NCUA-conserved Southwest Corporate Bridge FCU of Dallas.
In a website update posted Monday, the Texas chairman of a 13-member CEO panel advising the NCUA and Southwest's interim management on business models and how to proceed, said the recommendation to select Georgia Centrail as a business partner will be acted upon next Tuesday.
In a message to Southwest members, Kerry Parker, chair of the executive committee of the 140-member Southwest advisory panel, wrote that the panel had evaluated various alternatives and benefits choosing Georgia Central of Duluth, as the consolidation partner.
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