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Georgia Central Switches to Federal Charter

The $2.3 billion Georgia Central Credit Union, the state's corporate engaged in active merger talks on the NCUA-conserved Southwest Bridge Corporate FCU, has become a federal charter, its president/CEO, Greg Moore, confirmed Tuesday.

By Jim Rubenstein | Updated on November 22, 2010

The $2.3 billion Georgia Central Credit Union, the state’s corporate engaged in active merger talks on the NCUA-conserved Southwest Bridge Corporate FCU, has become a federal charter, its president/CEO, Greg Moore, confirmed Tuesday.

The move, in line with an overall strategy of building resources “since scale has become ever more important” on the corporate scene, comes as the Duluth-based entity awaits a favorable vote by a key unit of an NCUA-sanctioned advisory panel for Southwest.

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