The new board of United Resources Federal Credit Union – which hopes to rise from the remains of Western Bridge Corporate – announced Tuesday it has submitted a charter application to the NCUA.
Officers from 31 current Western Bridge member credit unions have signed their names to the application, said Matt Davidson, CFO of Kern Schools FCU in Bakersfield, Calif., who has been elected as the first United Resources board chairman.
All 885 members of Western Bridge have received a capital solicitation to fund the proposed new corporate. They have until Aug. 31 to join in the capitalization effort, said Davidson.
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