CEO Lee Butke expects 850 natural member credit unions to sign on by year end.

NCUA has given the green light to an organizing committee to proceed with forming a payments corporate out of the present payments-related functions at U.S. Central Bridge.

United Resources FCU–the new credit union attempting to form out of the remains of Western Bridge Corporate FCU–announced Friday that it has received approval from the NCUA Office of Corporate Credit Unions to distribute its business plan to Western Bridge members.

Corporate says it has raised $60.6 million,meeting its target for the plan it filed with the NCUA in January.

New Catalyst Corporate Credit Union would "conservatively" have 935 credit unions aboard, Georgia Corporate execs say.

Proposed new corporate's charter committee says name "captures what we are attempting to do."

The Western Bridge Corporate Charter Committee has elected a seven-member board of directors and a three-person supervisory committee.

Accept this reality: How corporate credit unions were will not be again, at least not soon.