With the fate of Constitution Corporate CU now sealed, NCUA made good this week on its pledge to hold a town hall meeting for CEOs of Connecticut CUs in a Q&A session conducted by the state's top regulator, Howard Pitkin.
The NCUA's top man on corporates, Scott Hunt, director of the office of Corporate Credit Unions, led Monday's hour-and-a-half meeting in Hartford, which drew 75 attendees and was described as "productive and informative." Hunt outlined the steps leading the assumption of Constitution's operations by Members United Bridge Corporate FCU.
The Warrenville, Ill., corporate remains under NCUA conservatorship but with NCUA as a watchdog has continued to service its CUs across the East and Midwest as it also promotes its menu of processing, funding, and general correspondent services under its 24 month window.
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.
