TALLAHASSEE, Fla. – Though nothing is even close to being decided, the boards of Southeast Corporate and Corporate America CU have agreed to explore the possibilities of a merger. Southeast Corporate President/CEO Bill Birdwell said it is just in the exploratory phase. "They've just agreed to explore it. That's it," he said. If the two did agree to merge it would be one of the biggest corporate mergers in terms of asset size. The biggest of course was between INDICORP and Mid-States. As of year-end Corporate America CU had $980 million in assets and Southeast Corporate had approximately $3 billion.
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