ALEXANDRIA, Va. – The NCUA Board is expected to vote in closed meeting next week on the combination of Pennsylvania-based Mid-Atlantic Corporate FCU with Virginia Corporate FCU, one of six corporate mergers in progress.
The proposed merger will create a corporate with almost $4.5 billion in assets serving a national field of membership of more than 1,000 credit unions.
The other corporate mergers in progress are: Southwest Corporate (Bridge) FCU with Georgia Corporate FCU to create Catalyst Corporate FCU (approved by NCUA); Corporate One FCU with Southeast Corporate FCU; Alabama’s Corporate America CU with Louisiana Corporate CU; Tennessee’s Volunteer Corporate CU with West Virginia Corporate FCU; and Kansas Corporate CU with Montana’s Treasure State Corporate CU.
