Southeast Corporate FCU announced Tuesday it has signed a letter of intent to merge with Corporate One in Columbus, Ohio.

“Our objectives in finding a merger partner remain the same as in all our efforts – to protect and preserve member capital, maintain continuity of services and create long-term value for members. A partnership with the financial and operational strength of Corporate One allows us to ensure these objectives are met,” said Brad Miller, president/CEO of Southeast Corporate in Tallahassee, Fla.

According to Lee Butke, president/CEO of Corporate One, “The combination of Southeast Corporate and Corporate One is a natural fit. This partnership provides for a financially stronger corporate, along with operational efficiencies that will create long-term value for both memberships. This is truly a winning combination.”

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 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.