U.S. Central and the NCUA have retained the services of Prairie Village, Kan.-based Michael Shirley Associates; and, according to a representative for the firm, the regulator expects the institution to survive corporate restructuring.
Partner Dan Heiman said U.S. Central is strongly considering an internal candidate, Interim CEO Francois Henriquez, but wanted to expand the search nationally to bring in a few more.
Heiman said his firm, which specializes in financial services, was aware of U.S. Central's financial problems, and asked the NCUA what their plans for U.S. Central were before agreeing to the deal.
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