The board of directors for First Carolina Corporate Credit Union of Greensboro, N.C. and Mid-Atlantic Corporate Federal Credit Union in Middletown, Pa. have agreed to merge their organizations, the two corporates announced in a news release Monday.
If approved, the merged corporate will take on a new name and continue to operate its existing offices in Greensboro and Middletown, according to the release. Mid-Atlantic Corporate President/CEO Jay Murray would serve as CEO for the corporate, while First Carolina Corporate President/CEO David Brehmer would be named president, and a new board of directors would have equal representations from the two existing corporates.
The corporates' members are expected to vote on the merger in 2016, should it be approved by the NCUA and North Carolina regulators, the corporates said.
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Natasha Chilingerian
Natasha Chilingerian has been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.
