Corporate One-Southeast Corp Merger Produces Layoffs
The $5 billion Corporate One Federal Credit Union acknowledged it has laid off some employees at merger partner Southeast Corporate Federal Credit Union; however, the Columbus, Ohio-based corporate isn’t saying who or how many.
“As with most mergers, a very few redundant positions have been eliminated, however we do not comment on specific staffing changes as we consider that an internal and private matter,” said Robert K. Coyan, senior vice president of marketing and operations for Corporate One.
A call to Southeast Corporate’s Tallahassee, Fla. office revealed that CEO Brad Miller is no longer employed with the organization. The merger of Southeast Corporate into Corporate One was effective July 1.