The NCUA said Friday it will hold a meeting of potential biddersfor U.S. Central Bridge Corporate at 1 p.m. CDT on Oct. 3, probablyin the Kansas City, Mo., area.

“This meeting is an important first step in the processfor potential acquirers to learn about U.S. Central Bridge’soperations and the process for submitting a proposal to acquireoperations,” Scott Hunt, agent for the conservator of U.S. CentralBridge, said in a statement.

“NCUA seeks a solution that minimizes disruption to U.S. CentralBridge members and their downstream credit union members, whileminimizing costs to the Corporate Stabilization Fund,” Huntsaid.

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