NASHVILLE – Another corporate credit union has joined the ownership ranks of CU Business Group, LLC. This time it's VolCorp. VolCorp joins Mid-States, FirstCorp, Northwest Corporate, First Carolina and Empire Corporate as owners in CU Business Group, LLC, a CUSO originally formed by Northwest Corporate to provide credit unions with business services they can offer members. The CUSO has been successful so far. It has 53 credit union clients in 12 states, and it recently surpassed $100 million in loans it helped CUs close. VolCorp is planning on holding some educational sessions to get members up to speed on the new product.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.