Next step is raising capital, vote from current Southeast Corporate members.
Corporates announce signing of merger agreement, preparations for submitting application to the NCUA.
Merging corporates complete series of town hall meetings, planning virtual session next week.
Consumers could close bank accounts at any time at no charge regardless of the size of their bank balance and could do it in person or by phone, according to legislation introduced by Rep. Brad Miller (D-N.C.).
CEOs in 10-minute sitdown explain reasons for consolidation.
Rep. Brad Miller's bill would prohibit financial institutions from levying fees or charges once they received a request to close an account.
Wait till next year. That’s the motto of fans whose teams have a disappointing season, and it’s also sums up the political strategies of CUNA and NAFCU.
“We see this merger as a model for the future of strong, viable corporate credit unions,” said Brad Miller, CEO of Tallahassee, Fla.-based Southeast Corporate, in announcing the decision of his corporate to pursue a merger with Columbus, Ohio, based Corporate One.
Southeast Corporate FCU announced Tuesday it has signed a letter of intent to merge with Corporate One.
Southeast Corporate told CU Times that it didn't reach its $80 million capitalization goal. The corporate will seek a merger partner.