Catalyst Corp To Serve 869 Institutions

DULUTH, Ga. – Soon-to-be-official Catalyst Corporate, the result of a merger between Georgia Corporate and Southwest Corporate, reported when it opens its doors its membership will be 869 institutions, including 850 credit unions, representing more than $87 billion in assets.

NCUA will meet Aug. 29 to consider the proposed merger and on Aug. 30 credit union members of Southwest Bridge Corporate will vote on the union. Once both NCUA and Southwest members approve the merger, Catalyst Corporate will begin business on Sept. 6.

 

For reprint and licensing requests for this article, click here.
Corporate credit unions
MORE FROM AMERICAN BANKER